📈 $FORM /USDT Trading Analysis & Setup
Current Price: $1.7879
24h High: $2.6000 | 24h Low: $1.2700
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Spot Trading Setup
✅ Entry Zone: $1.70 - $1.80 (Current consolidation area)
🎯 Target 1: $2.10 (First resistance level)
🎯 Target 2: $2.60 (Major resistance level)
🛑 Stop Loss: $1.60 (Below SAR & key support)
💡 Strategy: Accumulate in the entry zone with a target of 15-20% profit. Use a stop loss to limit downside risk.
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Futures Trading Setup
Long Setup (Bullish Scenario)
✅ Entry Zone: $1.75 - $1.80
🎯 Target 1: $2.10
🎯 Target 2: $2.60
🛑 Stop Loss: $1.60
Short Setup (Bearish Scenario)
✅ Entry Zone: $1.85 - $1.90 (If resistance holds)
🎯 Target 1: $1.60
🎯 Target 2: $1.30 (24h Low)
🛑 Stop Loss: $2.10
💡 Leverage Advice: Use low leverage (3x-5x) for safer risk management given the recent volatility.
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Market Sentiment Summary
Bullish Bias: Strong support near $1.60 and increasing buy volume.
Bearish Risk: If the price struggles to hold $1.75, a dip to $1.50 or lower may occur.
🔎 Watch key resistance at $2.10 and support at $1.60.
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