$FORM
BEARISH BREAKDOWN AHEAD! ๐จ๐
๐ฎ Gaming token FORM slips lower as bears take the driverโs seat!
Currently trading at $2.3731 (-2.88%), FORM is showing signs of weakness after failing to hold above resistance.
๐ Key Levels to Watch:
๐ Resistance: $2.45 | $2.51
๐ Support: $2.36 (immediate) | $2.30 (major)
๐ Price Action Insight:
FORM rejected sharply from the $2.45 high, forming lower highs and sliding beneath key short-term support. If it breaches $2.36, expect more downside pressure.
๐ง Trade Setup โ SHORT Position
๐ป Entry: $2.37
๐ฏ Targets:
โข TP1: $2.32
โข TP2: $2.28
โข TP3: $2.22
๐ Stop Loss: $2.46 (above resistance zone)
โ ๏ธ Risk Management:
โข Risk only 1โ2% of your capital
โข Stick to stop loss โ donโt fight the trend!
โข Trail your profits as price moves down ๐
๐ Trade wisely. Let the charts guide you, not emotions!
