📊 Analyze FORMUSDT (TF 1M)
Price: ±0.43
The overall trend is still bearish, the last rise is just a technical rebound.
🔎 Technical Conditions
Sharp drop from 4.28 → 0.19 (distribution completed)
Price is still below MA25 → trend has not reversed yet
Pump +43% = reaction from demand, not a reversal
Volume increases → indication of short covering, prone to pullback
🔑 Important Areas
Resistance: 0.45 – 0.50
Support: 0.38 – 0.35
Lower support: 0.30
⚖️ Trading Bias
➡️ Safer to SHORT than LONG
📉 SHORT Setup (main)
Entry: 0.45 – 0.49
TP:
TP1: 0.40
TP2: 0.35
TP3: 0.30
SL: 0.52
📈 LONG Setup (risky)
⚠️ Only scalping Entry: 0.38 – 0.40
TP: 0.45
SL: 0.35
🧠 Conclusion
The overall trend is still down
The current increase is not a valid reversal
Priority is SHORT at resistance.
FORMUSDT
Perp
0.3898
+11.81%