$FORM is starting to wake up. After a sharp drop, price found a strong base near 0.355 and bounced back with confidence. Right now it’s consolidating around 0.389, which often comes before the next expansion.
On the 1H timeframe, candles are tightening and turning bullish — a classic sign that momentum is quietly building. Volume has stabilized, showing sellers are losing control while buyers step in gradually.
Market Structure Insight
Strong support formed around 0.355 – 0.365
Higher lows developing after the bounce
Consolidation above key short-term support
Break above 0.40 can trigger continuation
This looks like accumulation after a recovery, not distribution.
Trade Setup (Spot-friendly)
• Entry Zone: 0.375 – 0.392
• Target 1 : 0.405
• Target 2 : 0.425
• Target 3 : 0.455
• Stop Loss: 0.355
Outlook
If FORM reclaims 0.40 with strong volume, it can flip resistance into support and ignite a fresh upside leg. The structure supports a continuation move rather than a fake bounce.
