$FORM /USDT BULLISH BREAKOUT IN PLAY
Current Price: $3.4216
The recent breakout signals bullish momentum building in $FORM/USDT! After testing and holding key support zones, bulls are regaining control.
KEY LEVELS
Support:
$3.38 – Strong base of recent bounce
$3.30 – Major demand zone, holding firm multiple times
Resistance:
$3.48 – Immediate resistance, a break above confirms rally
$3.60 – Next key bullish target after breakout
TRADE SETUP – LONG ENTRY
Entry: $3.42 – Current price with bullish structure
Targets (TP):
TP1: $3.48
TP2: $3.60
TP3: $3.75 (extended target if volume spikes)
Stop Loss (SL): $3.36 – Below short-term support and structure
RISK MANAGEMENT
Risk only 1-2% of your capital per trade. Adjust position size based on your SL and account size. Protect capital first, profits will follow.
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