📈 $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.

#Binance #FORMUSDT #CryptoTrading #SpotTrading #FuturesTrading

$FORM $USDC