$FORM /USDT SHORT TRADE SIGNAL – LOWER HIGHS AND SUPPORT WEAKNESS VISIBLE!
$FORM is under pressure after failing to hold above $2.75 and now trades at $2.6860 with a -4.96% daily drop. The price is forming consistent lower highs while testing the $2.65 support zone. Sellers are dominating on lower timeframes, and any break below $2.65 could trigger a sharp continuation move toward deeper supports.
Trade Setup (SHORT):
Entry Price: $2.69 – $2.72
Target 1: $2.60
Target 2: $2.49
Stop Loss: $2.76
Why Short?
FORM failed to push above $2.85 and is now stuck in a bearish structure. The rejection candles on the 15-minute chart show strong selling near every bounce. If the $2.65 level cracks, the next support is far below. This is a setup for short-term momentum traders.
Risk Management Tip:
Trade with reduced size in volatile conditions and shift SL to breakeven once Target 1 is hit.
Sell smart — don’t chase green candles when the trend is turning red!