🔄 $FORM Bounces Back — Bullish Comeback Starting?
Price jumps after a sharp drop — can bulls push higher?
📊 Current Price: $2.4975 (+3.89%)
✅ Reclaimed the 7-day MA ($2.45) — first step toward recovery
⚠️ 25-day MA ($2.67) is the next big test
🔍 What’s Happening:
Strong green candle shows buyers stepping in
Needs volume confirmation to trust the move
Watching closely as price approaches the $2.65–$2.70 resistance zone
📈 Targets If Breakout Continues:
$2.95 – June breakdown zone
$3.20 – key psychological resistance
🛡️ Support Levels:
$2.30 – recent bounce area
$2.00 – critical support
🧠 Bottom Line:
FORM is bouncing — but must break $2.70 to flip trend bullish. Otherwise, it could be a short-lived move. Watch volume and set smart stops.
