🚀 $FORM/USDT Analysis: The Gravity Test 📉
Is $FORM about to defy physics or just face a reality check? 🧪💎
We just saw a massive +30% god-candle rip through the charts, but the air is getting thin up here at 0.4035.
Here is the breakdown:
The Setup:
🔹 Price is screaming above the EMAs—massive overextension.
🔹 The 24h high of 0.4200 acted like a brick wall.
🔹 Huge volume spike followed by a "rejection" wick.
The Strategy: 🏹
The Bear Play (65% Prob): Expecting a cooling-off period. Looking for a retrace back to the 0.3500 EMA(7) support or lower. 📉
The Moon Play (35% Prob): Only if we flip 0.4200 into support. Until then, it’s "look but don't touch." 🚫
Levels to Watch:
📍 Resistance: 0.4200
📍 Support: 0.3500 | 0.3200
Pro Tip: Don’t let FOMO be your financial advisor. In crypto, what goes up like a rocket often lands like a rock. 🪨
Manage your risk. Set your stops. Stay sharp. 🧠⚡
