$FORM /Possibility of Bullish Reversal

Formation of a notable base.

Slowdown of the downtrend.

Consolidation with level support.

After a sharp correction from $2.79 to $2.06,

it is now forming a strong base around the $2.40 area.

The ongoing sideways movement with small green candles on the 4-hour chart indicates a potential shift in momentum.

Buy Setup

Entry Area: $2.42 – $2.46

Take Profit (TP):

1 :$2.53

2 :$2.63

3 :$2.70

Stop Loss (SL): $2.35

Market Outlook:

A breakout above $2.46 with sustained volume could lead to a reversal towards $2.60+.

Watch for confirmation of the bullish trend when the next candle closes above resistance.

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