$FORM slips back under supply as bearish order flow regains control 🩸
The chart has rejected the 0.2590 to 0.2650 supply band, and price is now leaning back into a lower-high structure after failing to sustain momentum above that area. The setup points to persistent sell-side pressure, with rallies being absorbed rather than accepted. Until the market can reclaim that zone on convincing participation, the path of least resistance remains lower.
The more important read is that this is not just a simple rejection, but a liquidity event. Retail tends to treat these pullbacks as mean-reversion opportunities, yet the tape is suggesting otherwise: supply is being defended, and marginal buyers are being forced to chase into overhead liquidity. That usually leaves late entrants vulnerable to a sharper rotation toward lower bids, especially when a prior support shelf starts acting as a magnet for price.
Entry: 0.2590 – 0.2650 🔥
Target: 0.2520 🚀
Stop Loss: 0.2720 🛡️
Risk disclosure: This is informational only and not financial advice. Digital assets carry elevated volatility and downside risk.
#FORM #CryptoTrading #Altcoins #RiskManagement
