$FORM/USDT BULLISH LONG SETUP
Analysis:
$FORM is showing strong bullish momentum after a solid rebound from the 1.09 support level, followed by a clear breakout above 1.26 resistance. The price is maintaining higher lows, reflecting consistent buyer pressure and an expanding volume pattern. With momentum favoring bulls, a continuation toward upper resistance levels is expected if price sustains above key zones.
Entry (Long): Above 1.31 after breakout confirmation or retest.
Targets (TP):
TP1: 1.36
TP2: 1.37
TP3: 1.40
Stop Loss (SL): Below 1.20
Technical Outlook:
Staying above 1.26 keeps the bullish trend intact with potential for a steady climb toward 1.40. A breakdown below 1.20 would signal weakening momentum and invalidate the long setup.
Risk Management:
Risk 2–3% of total capital per trade, adhere strictly to the SL, and trail stop losses after TP1 to secure profits while reducing downside exposure.
#KlinkBinanceTGE #BNBMarketCapThirdLargest #BNBBreaksATH #WhaleWatch #PerpDEXRace $FORM
