$FORM
USDT BEARISH REVERSAL AT STRONG SUPPLY ZONE – SHORT OPPORTUNITY AHEAD
FORMUSDT has just rejected a major resistance zone around 2.7636, showing a sharp reversal after testing this supply area. The market is reacting strongly to this level, indicating a potential downward move.
Key Levels:
Resistance: 2.7636 (strong supply zone)
Support: 2.6444 (previous demand zone)
Current Price: 2.7240
Trade Setup (Short Entry):
Entry: 2.7299 – 2.7240
Take Profit: 2.6444
Stop Loss: 2.7636
Short Market Outlook:
FORMUSDT tested its major resistance and faced immediate rejection, forming a bearish structure. If the market maintains below the resistance, sellers are likely to dominate towards the 2.6444 support level. However, if it reclaims above 2.7636 with strength, bearish bias will be invalidated.
Risk Management:
Always use a strict stop loss, risking only 1-2% of your capital per trade to maintain long-term growth and protect your portfolio from unexpected reversals.
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