Post
BullishBanter
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Bearish$FORM looks stretched after this vertical breakout.
Plan – Short $FORM
Entry: 0.372 – 0.388
TP1: 0.355
TP2: 0.332
SL: 0.402
The rally pushed price quickly from 0.25 to almost 0.39 and is now facing strong resistance near the recent high. Momentum is slowing and sellers are starting to appear around the top.
If buyers fail to reclaim 0.39 with strong volume, a pullback toward the previous support zones around 0.35–0.33 becomes likely as the market cools after the sharp pump.
Click below to Take Trade
{future}(FORMUSDT)
Plan – Short $FORM
Entry: 0.372 – 0.388
TP1: 0.355
TP2: 0.332
SL: 0.402
The rally pushed price quickly from 0.25 to almost 0.39 and is now facing strong resistance near the recent high. Momentum is slowing and sellers are starting to appear around the top.
If buyers fail to reclaim 0.39 with strong volume, a pullback toward the previous support zones around 0.35–0.33 becomes likely as the market cools after the sharp pump.
Click below to Take Trade
{future}(FORMUSDT)
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