$FORM moved down precisely as anticipated. Plan – Short $FORM
Entry: 0.355 – 0.365
TP1: 0.335 TP2: 0.310
SL: 0.385
Price faced a firm rejection near the 0.388 resistance level, with momentum shifting to the downside. After the aggressive upside move, supply has entered the market and sellers are gaining control.
If price is unable to break back above 0.370, the bearish continuation remains likely toward the 0.335 – 0.310 liquidity pocket. Current market structure supports an extended corrective move lower.
$ARC — That breakout was faded immediately. Feels like distribution at the highs.
Short $ARC
Entry: 0.0355 – 0.0380
SL: 0.0430
TP1: 0.0300 TP2: 0.0245 TP3: 0.0200
Upside momentum failed to follow through and supply stepped in on the initial retest, pointing to a relief bounce rather than a structural reversal. Momentum indicators are curling back down, and price isn’t holding above this resistance band, leaving room for further downside expansion.
Price structure printing consistent higher lows following a strong rebound from the $6.40 support zone.
Buy-side pressure has successfully reclaimed the $7.00 psychological level.
Momentum is accelerating as price advances toward nearby resistance.
Entry Zone: $7.10 – $7.30 Stop Loss: $6.70
Targets: TP1: $7.60 TP2: $8.00 TP3: $8.60
Maintaining price action above $7.00 preserves the bullish market structure and supports potential continuation to the upside. Accumulate and trade GMX accordingly.
Range breakout setup developing as bulls drive price into key resistance.
Entry: $0.0700 – $0.0718
Stop Loss: $0.0670
Take Profit 1: $0.0745 Take Profit 2: $0.0780 Take Profit 3: $0.0820
Can clo secure a firm close above $0.0720 to unlock continuation toward $0.0780, or will it face rejection and retrace to the $0.0670 support zone? Accumulate and trade $CLO
$FORM — Clean bounce from the lows with momentum starting to build.
Long Form
Entry: 0.34 – 0.36
SL: 0.29 TP1: 0.40 TP2: 0.46 TP3: 0.54
The pullback failed to follow through and buyers reacted fast, signaling absorption rather than supply hitting the tape. Structure remains intact with bulls actively defending the zone, and downside pressure hasn’t accelerated. As long as this level sustains, the higher-timeframe push upward is the more probable scenario.
Monitoring $SAHARA as it continues respecting the MA7 and MA25 as dynamic support following the recent pullback. Current candles are forming clear lower shadows just above the purple MA99, signaling sustained buyer presence at that level. The higher-low pattern remains structurally sound, with price attempting to preserve bullish continuation. Momentum appears to be building for a potential breakout through the 0.032 resistance zone.
Monitoring $SAHARA as it continues respecting the MA7 and MA25 as dynamic support following the recent pullback. Current candles are forming clear lower shadows just above the purple MA99, signaling sustained buyer presence at that level. The higher-low pattern remains structurally sound, with price attempting to preserve bullish continuation. Momentum appears to be building for a potential breakout through the 0.032 resistance zone.