$FORM/USDT Trade Signal: Strong Recovery Underway, Upward Momentum Expected
$FORM/USDT is displaying robust bullish momentum, having bounced impressively from its $3.38 low. Currently, the price is consolidating around $3.56, nearing its 24-hour high of $3.5650. This stability suggests potential for further gains once overhead resistance is overcome.
Key Levels:
* Support: $3.50, $3.42, $3.34
* Resistance: $3.58 (immediate), $3.65, $3.72
Trade Setup:
* Entry Zone: $3.53 – $3.56
* Stop Loss: Below $3.48
* Target 1: $3.72
* Target 3: $4.00
Market Insights:
Buyer activity is evident with increasing volume (4M USDT in 24h). A decisive break above $3.58 could ignite a significant bullish push towards $3.72 and potentially $3.80.
Pro Tip:
Confirm breakout with sustained price action above $3.58. Consider trailing your stop loss to protect gains once $3.65 is reached.
Buy and trade $FORM here.
