$FORM USDT BULLISH RETEST SETUP โ READY FOR AN UPTREND MOVE? ๐๐
$FORM is retesting its lower support zone after recent volatility, indicating potential for a bullish push if buyers reclaim momentum from this level.
๐ Key Levels:
Support: $2.8430 โ $2.8600 (demand zone)
Resistance: $2.8909 (minor) and $2.9161 (target level)
Current Price: $2.8836
๐ Trade Setup (Long):
Entry: $2.8800 โ $2.8850
Take Profit 1 (TP1): $2.8909
Take Profit 2 (TP2): $2.9161
Stop Loss (SL): $2.8430
๐ก Short Market Outlook:
#FORM is consolidating within a tight range, holding above the key support area. Buyers stepping in here can push price back towards the recent high of $2.9161. Breakdown below $2.8430 will invalidate this bullish setup.
โ ๏ธ Risk Management: Use tight stops, risk only 1-2% per trade, and manage trades actively due to high intraday volatility.
