💹 $FORM Update
FORM
0.198
-5.17%
FORM is currently trading at $0.2060 (-2.69%) and showing clear bearish pressure on the 1H timeframe. Price is moving below the Supertrend, indicating sellers are in control.
📊 Analysis:
Recent rejection from $0.2154 high.
Strong drop towards $0.2034 low.
Lower highs forming → short-term downtrend continues.
🎯 Possible Levels:
Support: $0.2034 – $0.2000
Resistance: $0.2107 – $0.2135
⚠️ If price fails to reclaim 0.211 area, more downside pressure can continue. Watch for bounce confirmation before entry.