$FORM /USDT – Downtrend Signal & Trade Plan

Current Price: $3.5112

Today’s Change: +2.92%

24h High: $3.5650

24h Low: $3.3876

Volume: 564,466 FORM

Market Condition:

FORM/USDT is showing weakness after failing to stay above $3.52. Price is making lower highs and struggling to hold gains. The last few candles are red with weak recovery. This shows sellers are still active. If price drops below $3.48, the downtrend can continue further.

Key Levels:

Resistance: $3.53 and $3.56

Support: $3.48 and $3.42

Trade Plan:

Spot Traders: Avoid buying now. Wait for a clear breakout above $3.56 to buy.

Future Traders (Short Setup):

Entry: $3.50 – $3.48

Stop Loss: $3.53

Target 1: $3.42

Target 2: $3.38

Target 3: $3.30

Summary:

FORM/USDT is under selling pressure. As long as price stays below $3.53, it may drop more. Short trade is safer if price breaks below $3.48.