$FORM
USDT BEARISH REVERSAL ALERT – SELLERS READY TO TAKE CONTROL
FORM is currently trading at 2.8509, showing signs of rejection from the strong resistance zone at 2.8905 – 2.8817. Price failed to break this area convincingly, indicating a potential short-term bearish reversal.
Key Levels:
Resistance: 2.8905 – 2.8817 (strong rejection zone)
Support: 2.7858 – 2.7814 (potential target zone)
Current Price: 2.8509
🔻 Trade Setup (Short Entry):
Entry: 2.8673 – 2.8817
Targets: 2.8200, final TP at 2.7858
Stop Loss: 2.8905
📉 Market Outlook:
FORM is losing momentum after testing the upper resistance band. A clear rejection here with bearish engulfing signals suggests sellers might dominate the next sessions, pulling price towards the lower support near 2.78.
⚠️ Risk Management:
Always use a fixed stop loss above the resistance. Risk only 1-2% of your capital per trade to manage unexpected volatility effectively.
✍️ Comment 🛑 if you see this short setup clear. Follow for daily pro trade setups.
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buy and trade here on $FORM