๐ Trading Pair: FORM/USDT ๐
๐ฒ Current Price: 2.1836 USDT (โ 5.65%)
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๐ Key Observations
1. Price Action ๐
โข Trading between 24h low 2.0597 & 24h high 2.2427
โข EMAs: 7 & 25 slightly above EMA99 (2.1463) โ mild bullish bias
2. Momentum Indicators ๐
โข MACD: Bearish crossover (hist โ0.0020)
โข RSI(6): 54.18 (neutral)
โข Stoch RSI: 35.06 (approaching oversold)
โข Williams %R: โ66.93 (oversold)
3. Volume ๐ฅ
โข Vol 2.57M < MA(6) 32.3M & MA(10) 50.8M โ weak participation
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๐ Trade Scenarios
๐ข Scenario 1: Bullish Rebound from Support
โข Entry: 2.1746 (EMA25) on Stoch RSI rebound (>40) + MACD turn
โข Targets:
โ TP1: 2.2427 (24h high)
โ TP2: 2.3000 (psych)
โข ๐ Stop-Loss: 2.1500 (below EMA99)
๐ด Scenario 2: Bearish Continuation
โข Entry: Close < 2.1463 (EMA99) + RSI(6)<50 + vol surge
โข Targets:
โ TP1: 2.0597 (24h low)
โ TP2: 2.0000 (psych)
โข ๐ Stop-Loss: 2.1800 (above EMA25)
๐ก Scenario 3: Aggressive Breakout Play
โข Entry: Close > 2.2427 (24h high) + rising volume + RSI(6)>60
โข Targets:
โ TP1: 2.3000
โ TP2: 2.4000 (next resistance)
โข ๐ Stop-Loss: 2.2000 (below breakout level)
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โ ๏ธ Risk Management
โข Position โค 2% of capital
โข Avoid high leverageโwide swings possible
โข Confirm with volume spikes & candle closes
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๐ Critical Levels
โข Resistance: 2.2427 โ 2.3000 โ 2.4000
โข Support: 2.1746 (EMA25) โ 2.1463 (EMA99) โ 2.0597
โค๏ธ Like this signal? Click โTrade Nowโ!
