$FORM Long Liquidation – Bulls Trapped as Price Dips! 🔥

Major liquidation event! A whopping $1.2823K in long positions got wiped out at $1.78049 as the market turned against leveraged traders. This sell-off has left traders scrambling for the next move!

📉 What’s Happening?

• FORM struggled to break resistance, leading to a sharp sell-off.

• Overleveraged long traders got wiped out as prices dropped quickly.

• Volatility is at extreme levels—expect big swings!

Key Price Levels to Watch:

• Support: $1.72 - $1.75

• Resistance: $1.85 - $1.90

• Trading Strategy:

• Buy Zone: $1.72 - $1.75 (if support holds)

• Sell Zone: $1.85 - $1.90 (if price recovers)

Market Outlook:

If FORM holds support, we might see a strong bounce toward $1.90+.

If it breaks support, expect further downside pressure—possibly toward $1.65.

The market is brutal right now! Don’t get caught off guard—set your stop losses, trade wisely, and watch for key breakouts!

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