$FORM
Power Surge....
FORMUSDT
Perp
2.5913
+10.31%
$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.