$FORM /USDT – Range-Bound with Potential Upside
Current Price: $2.68 (-0.15%)
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$FORM is consolidating tightly between the 7, 25, and 99-day moving averages — a sign of market indecision but with a slight bullish bias as price remains near resistance.
Potential Long Setup:
Entry Zone: $2.66 – $2.69
TP1: $2.73
TP2: $2.78
SL: $2.62
Key Observations:
MA(7), MA(25), and MA(99) are converging — potential for a volatility breakou
Support holding well at $2.62
Low 24h volume suggests waiting for confirmation before entering
Pro Tip: Watch for a 1H close above $2.70 with rising volume to confirm a breakout play.
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