$FORM – BREAKOUT, RETEST… WHAT’S NEXT?

• Strong bounce from $3.75 to $4.00 high

• Price now consolidating tightly around $3.89 — bulls holding ground

$FORM printed a clean move up before slightly pulling back from $4.00. The current sideways consolidation just below the high shows strength, not weakness. If momentum returns and $3.90–$4.00 breaks with volume, next leg toward $4.15+ is possible.

LONG TRADE SETUP

• Entry Zone: $3.87 – $3.90

• Target 1: $4.05

• Target 2: $4.18

• Stop Loss: $3.83

Tight range, strong structure — breakout traders should watch closely for the next impulse.

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