$FORM /USDT – BEARISH REVERSAL SIGNALING SHORT OPPORTUNITY! ⚠️📉
FORM is showing signs of exhaustion after a solid +8.72% rally, now trading below MA60 ($2.8975) — suggesting a potential short-term bearish pullback.
Current Price: $2.8793
Resistance Levels:
$2.8975 – MA60 resistance
$3.0501 – 24h High and upper rejection zone
Support Levels:
$2.8731 – Immediate support from order book
$2.6475 – 24h Low and strong support base
TRADE SETUP – SHORT
Entry Zone: $2.88 – $2.90
Take Profits (TP):
TP1: $2.75
TP2: $2.65
Stop Loss (SL): $2.91 (above MA60 resistance)
Technical Snapshot:
MACD: Turning down – bearish signal
Price below MA60 – trend shift confirmed
Sell Pressure: 71.84% – bears in control
RISK MANAGEMENT:
Risk only 1–2% per trade. Stick to your SL, and secure profits gradually. Manage size carefully — protect your capital!
FORM looks ready for a dip — short setup is live!
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