🚨 $FORM USDT BEARISH BREAKDOWN — BOUNCE FAILED, DUMP INCOMING!
Price attempted to recover above the $3.30 zone but faced heavy rejection, confirming resistance. The recent lower high formation suggests bears are in control, and a breakdown toward support looks highly probable.
🔻 Trade Setup (SHORT):
Entry Zone: $3.29 – $3.31
Take Profit: $3.16
Stop Loss: $3.36
📉 Market Outlook:
$FORM has consistently failed to hold above the $3.40 supply zone. The volume spike on red candles shows strong distribution. As long as price remains below $3.32, the trend favors the downside. Watch for a possible continuation to $3.15 support.
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