$FORM
/USDT Analysis: Potential Bullish Rebound
The FORM/TetherUS chart indicates a potential hammer or bullish engulfing candle forming at a support level after a recent pullback. This suggests a possible reversal of the short-term bearish momentum.
* Entry Level: Consider an entry around 2.7929 - 2.7930 USDT.
* Target: An initial target of 2.8337 USDT is projected, aiming for a recovery to recent highs.
* Stop Loss: A prudent stop loss at 2.7791 USDT is advised to manage downside risk.
Based on this pattern, the market's next move appears bullish, as buyers attempt to regain control following the dip.