$FORM/USDT – Poised for a Breakout After Consolidation
Current Price: $2.9179 (-0.78%)
$FORM recently saw a strong surge, reaching $3.0106 before entering a consolidation phase just below a key resistance level—suggesting a potential continuation of the uptrend.
Trade Setup:
Entry Zone: $2.91 – $2.93
TP1: $3.01 (retest of previous high)
TP2: $3.15
TP3: $3.30
Stop Loss: $2.86
Market Insight:
The price action has formed a bullish flag following a sharp rally. Consolidation in a tight range signals strength. A breakout above $3.00, especially with rising volume, could trigger a strong upward move.
Pro Tip:
Keep a close eye on the $3.00 psychological level—this is the key breakout zone. A solid close above it would confirm the continuation of the bullish trend.
The gaming sector is heating up—stay alert for this potential opportunity!
2.9154
-1.06%
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