$FORM
USDT BEARISH BREAKDOWN – SELLERS GAINING CONTROL BELOW KEY SUPPORT!
$FORMUSDT is showing clear bearish momentum after failing to hold above its critical support zone. Price is currently trading at $2.8076, indicating weakness and potential continuation to the downside.
🔑 Key Levels:
Resistance: $2.8123 – $2.8440
Support: $2.7112 – $2.6928
Current Price: $2.8076
💡 Trade Setup (Short):
Entry: $2.8100 – $2.8120
Targets:
TP1: $2.7112
TP2: $2.6928
Stop Loss: $2.8440
📉 Market Outlook: Bears are dominating after multiple rejections near $2.9836 resistance. Price structure indicates lower highs with strong selling pressure on each upward move. A clean breakdown below $2.8100 confirms further downside towards support targets.
⚠️ Risk Management: Always use proper position sizing. Risk only 1-2% of your capital per trade and maintain discipline with your stop loss to protect your funds in volatile conditions.
buy and trade here on the $FORM
💭 Comment “🔥” if you caught this bearish move or are looking to short $FORMUSDT today!
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buy and trade here on $FORM