🔄 FORM/USDC: Gaining Strength After Support Bounce
FORM bounced from $2.4111 and is now pushing higher, reclaiming all three key moving averages:
7 EMA: $2.4248
25 EMA: $2.4222
99 EMA: $2.4291
The price is currently at $2.4327, forming higher lows with strong volume support. A breakout above $2.4409 could open the door to a fresh bullish wave.
✅ Short-term momentum is bullish while above $2.4290.
📊 Trade Setup
Entry Zone: $2.428 – $2.433
Take Profit 1: $2.441
Take Profit 2: $2.458
Take Profit 3: $2.475
Stop Loss: $2.417