$FORM: Dip Setting Up for Rebound?

$FORM is experiencing a minor pullback after peaking at $3.8220, showing a -0.76% daily change. However, the 1H chart indicates potential support around the $3.6636 low, with higher lows forming and analyst sentiment pointing to a bounce. Momentum could shift bullish if it holds this zone—a recovery play might be brewing.

Trade Setup

• Entry Zone: $3.670 – $3.690

• Stop Loss: Below $3.6636

• TP1: $3.7983

• TP2: $3.8220

• TP3: $3.9757 (extended target)

Market Insight:

Volume at 662.909M FORM shows interest amid the dip, and bulls appear ready to defend lower levels. As long as $FORM stays above $3.6636, an uptrend resumption is possible. Keep an eye on the next 1H candle for confirmation Turkish analysts highlight a triangle pattern tightening for a breakout.

Buy and Trade $FORM here👇🏻

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