$FORM /USDT – Breakdown Expected Below Range Support
Current Price: $3.7805
Status: -0.62% and showing weakness after long sideways movement. Price is trading inside a tight consolidation range and now testing the lower boundary.
Chart Analysis:
• Range-bound zone: ~$3.76 – $4.05
• A clean break below $3.75 could confirm a bearish breakdown.
• Volume remains low, and momentum is fading.
Potential Targets After Breakdown:
• TP1: $3.60
• TP2: $3.42
• TP3: $3.28
If price fails to reclaim above $3.80, sellers may gain control. This is a classic range breakdown setup — wait for confirmation before entering.