📈 $FORM /USDT: Strong 16% Daily Recovery - Bounce Play! 📈
📌 Coin/Pair: $FORM /USDT
✅ Entry Zone: 1.2500 - 1.2800
🎯 Profit Targets:
TP1: 1.3500
TP2: 1.4000
TP3: 1.4500+ 📈
🛑 Stop Loss: 1.2000
⚡ Key Levels:
Support: 1.2000
Resistance: 1.3753 (24h High)
💡 Trading Strategy:
FORM is showing strong recovery momentum with a 16.33% daily gain and nearly 20% weekly performance. Despite negative longer-term trends, the current bounce from lows indicates potential short-term reversal.
The coin is trading with solid volume ($228M) and has clear resistance above. The current consolidation offers a good entry opportunity for a bounce play toward the 24h high.
🎯 Risk Management:
Enter on minor pullbacks
Clear stop loss below psychological support
Progressive profit-taking at resistance levels
⚠️ Important: This is a counter-trend bounce play with negative monthly performance - trade with smaller position size and strict risk management!
👉 Follow for daily strategic setups and smart portfolio growth!
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