$FORM USDT BEARISH BREAKDOWN – SHORT ENTRY ACTIVATED

FORM is showing clear bearish momentum after breaking below its critical support zone. Current price is 2.8578, with strong rejection from the resistance zone around 2.8850. Price failed to reclaim the broken structure and is heading towards deeper support levels.

🔻 Key Levels:

Resistance: 2.8850 – 2.8900 (strong rejection zone)

Support: 2.7730 (immediate target support)

📉 Trade Setup (Short):

Entry: 2.8600 – 2.8850 (retest zone)

Take Profit: 2.7730

Stop Loss: 2.8900

📊 Market Outlook:

Momentum remains bearish as price forms lower highs and lower lows, confirming a downtrend continuation. Volume spikes during breakdown candles support sellers' dominance. As long as it stays below 2.8850, selling pressure is likely to extend towards 2.7730.

⚠️ Risk Management:

Trade with strict stop-loss discipline, risking only 1-2% per trade to protect capital from sudden market reversals.

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