📉 $FORM /USDT – Bearish Momentum Alert

Current Price: 1.1121

24h Range: 1.1082 – 1.2266

24h Change: -8.29%

Market Insight

FORM is in a strong downtrend, dropping from the 1.21 level to test new lows around 1.1082. Sellers remain in control, and repeated failed attempts to reclaim 1.1250 confirm bearish momentum. If price breaks below 1.1080, further downside pressure could accelerate.

Key Levels

Support: 1.1080 – 1.1030

Resistance: 1.1250 – 1.1470

Trade Setup (Short Bias)

📌 Entry Zone: 1.1120 – 1.1160

🎯 Take-Profit Targets:

TP1: 1.1080

TP2: 1.1030

TP3: 1.0950

🛑 Stop-Loss: 1.1260

Caution ⚠️

If FORM holds above 1.1250 with strong buying volume, a short squeeze toward 1.1470 – 1.1700 is possible. Manage risk carefully.

#FORM