$FORM Power Surge....

$FORM showed a strong V-shaped recovery from 2.2788, slicing through resistance levels with consecutive green candles. With over 70% volume on the buy side, bulls clearly control the situation.

Long trade setup

• Entry zone: 2.58 – 2.63

• TP1: 2.82

• TP2: 3.05

• TP3: 3.28

• Stop-loss: below 2.48

If the momentum continues and buyers defend the breakout zone, this move has the potential to develop into a medium-term trend reversal.