$FORM /USDT – 1h – DeFi Gainer – Pullback After Spike, Possible Continuation
🟩 Entry Zone: 0.3520 – 0.3600
🎯 Target 1: 0.3760 – 0.3800
🎯 Target 2: 0.3950 – 0.4020
🎯 Target 3: 0.4180 – 0.4250
🛡️ Protective SL: 0.3360 – 0.3400
$FORM /USDT just rejected from 0.3809 and pulled back toward the 7‑EMA/25‑EMA cluster around 0.35, with the latest candle reclaiming those EMAs and turning back up while volume stays elevated and the broader market still shows strong interest in Formation/Four after its recent upside surge on spot and futures. Technically this looks like a healthy retest after a breakout from the 0.33 base; as long as $FORM holds above the 0.3360–0.3400 support zone and EMAs keep sloping upward, dip entries between 0.3520–0.3600 offer a favorable reward‑to‑risk toward a re‑visit of 0.3760–0.3800, then the prior liquidity pocket at 0.3950–0.4020 and, if momentum and DeFi sentiment extend, a possible push into 0.4180–0.4250, while a clear 1‑hour close below the SL would indicate that this leg has likely topped out and that a deeper correction back into the mid‑0.32s is on the table.