$BTC
/USDT is showing a sharp intraday shakeout after failing to hold above the 0.32 resistance zone. Price rejected near the MA60 around 0.319–0.320, followed by a fast sell-off toward 0.317, confirming that sellers are active at higher levels. The long red volume spike signals panic selling rather than structured distribution, which often precedes a short-term stabilization. If price holds above 0.316, a technical bounce toward 0.325–0.33 remains possible as liquidity gets absorbed. However, a clean breakdown below 0.315 would expose deeper support near 0.305. Momentum is currently neutral-to-bearish, but volatility favors active traders. Conclusion: FORM is at a decision zone where patience matters. Pro tip: wait for volume confirmation on reclaiming 0.32 before entering, not the first green candle.