💥 $FORM USDT BEARISH BREAKDOWN – SELLERS TAKING CONTROL 💥
The current price of $FORMUSDT is 2.7070, showing weakness after failing to hold above the 2.7175 support turned resistance zone. The market is displaying bearish momentum with clear rejection from 2.7382 – 2.7540 resistance levels.
🔑 Key Levels:
Resistance: 2.7175 – 2.7540
Support: 2.6032 – 2.6028
Current Price: 2.7070
📉 Trade Setup (Short):
Entry: 2.7175 – 2.7070 (current zone)
Take Profit (TP): 2.6032
Stop Loss (SL): 2.7540
🌐 Market Outlook: FORMUSDT remains under selling pressure as it retests previous support zones as fresh resistance. Continuation towards the 2.6032 demand area is expected if bears maintain strength below 2.7175.
⚠️ Risk Management: Always use strict SL at 2.7540 to protect capital. Do not over
buy and trade here on $FORM