🚨 $FORM Ready to Drop? 📉
Entry Zone: 0.395 – 0.405
TP1: 0.370
TP2: 0.355
TP3: 0.345
Invalidation: Above 0.420
$FORM/USDT just experienced a wild ride! A massive spike to 0.45 was quickly smashed, and now it’s consolidating around 0.3815. The short-term trend? Bearish. Price is making lower highs, meaning sellers are still in control. 🐻
That bounce from 0.35 felt good, but it couldn’t break through key resistance. Looks like a pullback, not a reversal. Upside liquidity remains untested, but the path of least resistance is down – targeting those liquidity lows near 0.345.
Don't jump the gun! Wait for confirmation at resistance (0.395-0.405) before shorting. Patience is crucial here. If $FORM breaks and *holds* above 0.420 with volume, we might see a reversal, but until then, favor selling rallies.
#FORMUSDT #CryptoTrading #TechnicalAnalysis #ShortOpportunity 🚀
