Buy trading signal for USDT/$FORM - Bullish stability above the support level, with expectations for a rise!
The FORM pair is trading at $2.8552, achieving a slight increase of +0.30%, stabilizing after surpassing its lows at $2.8400. The 15-minute chart shows narrow stability with the potential for a price reversal below the daily resistance level at $2.90.
Trading settings:
Entry price: $2.84 - $2.87
Take profit (TP): $2.89 / $2.93 / $2.98
Stop loss (SL): $2.81
Why buy?
The FORM pair is recording higher lows on shorter timeframes, remaining above the key support level. This structure suggests a potential bullish breakout as momentum picks up. Any move above $2.87 could trigger a rapid rise towards today’s highs. Risk management advice: Secure your profits at the first take profit point (TP1) and use a trailing stop loss (SSL) to ensure safe gains towards higher targets.
Don’t let this breakout pass you by - enter wisely, and exit wealthy!
Seize the momentum before it fades - profits favor the brave!
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