$FORM $FORM 2h | Market Structure
- I expect FORMUSDT to test liquidity below the most recent low at 0.2026 soon. If there is a clear manipulation (wick/shakeout) and a quick recovery above 0.2062 with bullish confirmation (such as a pin bar or bullish engulfing on the 2h or 15m), a long entry at 0.2065-0.2070 with targets at 0.2081, 0.2109, and 0.2128 could work. Stop-loss should be placed at a swing low after entry confirmation.
- If price instead pushes into the resistance zone (0.2109-0.2128) and forms a clear sign of rejection (engulfing, lower high, or reversal candle), a short trade could be considered, aiming for 0.2062 and 0.2026 first. Place stop-loss at the nearest swing high if confirmed.
- My bias is currently for a liquidity sweep and fake-out below 0.2026, followed by a bounce — but confirmation must be seen before entry! Be alert for strong reversal price action or a structure break on a lower timeframe.
- If price firmly closes below 0.1993, I would expect a deeper drop toward 0.1864 and shift to a more aggressively bearish outlook.
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