$FORM USDT BEARISH REVERSAL – SELLERS REJECTED THE BREAKOUT FAST 🔻

FORM/USDT attempted a strong breakout towards 2.8900 but faced heavy rejection, pulling back to 2.8417. The current 15m structure shows lower highs forming after the peak, indicating bearish momentum building up for potential further downside.

🔹 Trade Setup (SHORT):

Entry: 2.84 – 2.86

Targets:

TP1: 2.80

TP2: 2.75

TP3: 2.70

Stop Loss: 2.89

📊 Short Market Outlook:

The chart reflects weakness after failing to hold breakout levels. If price fails to reclaim above 2.87, selling pressure is expected to continue towards lower support levels. Only a strong break and hold above 2.89 will invalidate this setup and indicate bullish continuation.

🔒 Risk Management:

Always use a tight stop loss and book partial profits at each target to protect capital in volatile market conditions.

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