$FORM – HEAVY SELL-OFF, BEARS IN FULL CONTROL
$FORM saw a sharp rejection from 4.1986, followed by a massive red candle breaking multiple support zones in one move. The sell-off pushed the price down to 3.8220 before a minor bounce to 3.8967. The huge spike in selling volume confirms aggressive bear activity, and the weak recovery indicates further downside risk. A break below 3.8220 could trigger a deeper drop toward 3.8030 and 3.7500.
Short Entry: 3.8900
Targets: 3.8220 / 3.7500
Stop Loss: 3.9600
Until bulls reclaim 4.000, momentum remains bearish.