$FORM /USDT BEARISH PRESSURE INTENSIFIES – SHORT-TERM DOWNSIDE ALERT
FORM is showing strong bearish momentum after an 8% drop, trading below key moving averages (MA7: 1.1109, MA25: 1.1165, MA99: 1.1622). Price is consolidating near 1.1233 after testing a low of 1.0955, indicating sellers remain in control. Further weakness may drive the price toward lower support levels.
Trade Setup (Short Entry):
Entry: 1.1230 – 1.1260
Targets (TP): 1.1100, 1.0950, 1.0800
Stop Loss (SL): 1.1400
Market Outlook:
Bearish momentum is likely to continue as long as FORM remains below 1.1160. A break below 1.0950 could accelerate downside toward 1.0800, while reclaiming 1.1400 may signal a short-term rebound.
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