$FORM /USDT – STALLING AFTER VERTICAL SPIKE! SHORT TRADE SIGNAL🔴
$FORM exploded upward from $3.26 to a peak of $3.85, but the rally is now losing steam as price consolidates in a tight range with decreasing volume. Multiple rejection wicks near the $3.85 mark suggest buyer exhaustion and potential profit-taking. Failure to break above this resistance could lead to a pullback toward $3.62 or even retest the breakout zone.
Trade Setup:
• Entry Point: $3.80 – $3.85
• Stop Loss: $3.90
• Take Profit: $3.65 / $3.50 / $3.35
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Bearish retracement likely if price fails to reclaim $3.86 with volume confirmation.
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