🚨 $FORM M/USDT – Breakdown or Bounce Incoming? 🎮
$FORM just touched a low of $2.78 after hitting $2.87 earlier! Is this a healthy pullback or the start of a deeper dip? Let’s break it down!
📊 Market Overview
📍 Current Price: $2.80
📈 24h High: $2.8710
❄️ 24h Low: $2.7873
📊 Parabolic SAR: Not triggered (watch closely)
📉 MACD Momentum:
• DIF: Data not specified
• DEA: Data not specified
• MACD: Awaiting crossover confirmation – momentum weakening slightly
🧠 Additional Indicators:
• MA(7): 2.8151
• MA(25): 2.8214
• MA(99): 2.8048
• RSI(6): 41.60 (Neutral to slightly bearish)
📈 FROM Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FORM Holds Above $2.78):
• Entry: Above $2.82
• Targets: $2.90, $3.00, $3.18
• Stop-Loss: $2.74
🔹 Bearish Scenario (If FORM Breaks Below $2.74):
• Entry: Below $2.74
• Targets: $2.64, $2.51, $2.38
• Stop-Loss: $2.85
🔍 Should You Hold or Sell?
✅ Holding above $2.78 = safe zone for bulls
⚠️ RSI nearing oversold—watch for momentum shift
🔻 A break under $2.74 could confirm short-term bearish trend
💡 Pro Tip:
🎯 Volume is relatively low—look for a spike before entering!
🔥 Break and close above $2.90 = signal for bullish momentum continuation!
📢 Are you playing the breakout or shorting the dip? Drop your thoughts in the comments!
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