$FORM / USDT — Momentum Reloading? 🔄⚡️
FORM is showing promising consolidation above its breakout range — bulls might just be gearing up for the next leg! 📈
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🧠 Key Metrics:
• Current Price: 3.5040 USDT
• MA20: 3.3442 ✅ Acting as dynamic support
• MA50: 3.3127 🟣 Trend direction holding firm
• MA200: 2.8707 🛡️ Macro bullish confirmation
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🎯 Trade Plan:
📍 Breakout Trigger: Confirmed close above 3.60 ➜ Potential ignition for momentum surge
📍 Entry Zone on Retest: 3.35 – 3.40 ➜ Attractive R/R zone
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🎯 Profit Targets:
• TP1: 3.80 (+8.1%)
• TP2: 4.20 (+19.8%)
🛑 Stop Loss: Below 3.30 (invalidates the current setup)
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⚠️ Note:
Momentum-based trade idea. Best suited for short-term swing players.
🧪 Always DYOR – This is not financial advice.