$FORM – BEARISH REVERSAL AHEAD? WEAK RECOVERY AFTER SHARP REJECTION
LOWER HIGH STRUCTURE. VOLUME DECLINE SIGNALS WEAK BULLISH FOLLOW-UP.
$FORM /USDT is showing early signs of a bearish reversal after failing to reclaim the local high at $3.979. The price action has formed a clear lower high and is struggling to gain momentum despite the bounce from $3.85. Volume is declining on the recent green candles, indicating fading buying interest. If the price breaks below $3.92, downside acceleration toward $3.86–$3.84 is likely.
SHORT Entry: $3.928
TP1: $3.868
TP2: $3.846
SL: $3.960
Bearish bias remains as long as the lower high holds and buyers fail to reclaim $3.97.
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