$FORM /USDT – CONSOLIDATION ZONE⚪
FORM is trading within a tight consolidation range between $3.7961 support and $3.8476 resistance, after bouncing from the 24h low at $3.7156. Price has failed to make a decisive breakout in either direction, showing indecision and low volatility. A strong move above $3.8500 or below $3.7950 would likely set the next trend leg.
Key Technical Levels:
• Support: $3.7961 / $3.7156
• Resistance: $3.8476 / $3.8572
• Consolidation Range: $3.7950–$3.8500
📊 Market Outlook: Sideways price action suggests accumulation or distribution. Breakout traders should wait for a clean candle close beyond the range before committing to a directional setup.
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