$FORM /USDC RETESTING SUPPORT – POTENTIAL BOUNCE ZONE
REJECTION FROM $2.96 LEADS TO MINOR PULLBACK
PRICE NEAR 25MA & 99MA CONFLUENCE
MARKET STILL ABOVE CRITICAL STRUCTURAL SUPPORT
$FORM spiked from $2.7676 to $2.96 but is now pulling back and consolidating near $2.90 support. Price is hovering around the 25MA and 99MA, a zone that may act as a springboard for the next bullish leg.
🟢 LONG TRADE SETUP
Entry Zone: $2.88 – $2.91
Take Profit: $2.96 / $3.03
Stop Loss: $2.86
Market Outlook:
A strong bounce from the $2.88 zone could reignite bullish momentum. A break above $2.96 will open the door to reclaim $3.09 highs.
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