$FORM /USDT – 4H Trade Setup
Market Insight:
$FORM is showing signs of bullish consolidation after a recent push to 3.5650. It’s currently trading near 3.48, above MA(25) and MA(99), suggesting trend continuation potential if volume supports a breakout.
Entry Zone
🔹 Buy Range: 3.36 – 3.48
(This zone aligns with previous support and the 25 EMA – offering a favorable risk-reward entry.)
Targets
🎯 Target 1: 3.65
🎯 Target 2: 3.95
🎯 Target 3: 4.20
(Gradual resistance levels ahead; 3.95 and 4.20 are Fibonacci extensions.)
Stop Loss
❌ Stop: 3.22
(Below the 99 EMA and 4H swing low – a breakdown here invalidates bullish bias.)
Key Levels
Support: 3.36 / 3.29 / 3.22
Resistance: 3.56 / 3.65 / 3.95
Pivot Zone: 3.46 – 3.52 (MA-25 and MA-7)
Pro Tip
Monitor the price action closely around 3.56–3.65. A 4H close above 3.65 with volume spike (>20K) can trigger a strong breakout. If rejected, consider re-entry lower near 3.36 with a tight stop.
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