$FORM ā Compression Phase, Expansion Potential šā”
$FORM is trading around $0.2901, moving sideways in a tight range ā a classic volatility compression zone. This type of price action often precedes sharp moves, especially when resistance is clearly defined and repeatedly tested.
Key Levels
Current Price: $0.2901
Resistance Zone: $0.3150 ā $0.3350
Support Base: $0.2700 ā $0.2600
Trade Outlook
A clean break and hold above $0.3150 would signal buyers regaining control
Acceptance above $0.3350 could trigger momentum expansion and fast upside pops
Targets
šÆ TP1: $0.3650
šÆ TP2: $0.4050
Risk Management
š Stop Loss: $0.2600
Best approach: wait for confirmation or scale in near support with controlled size
Sideways grinding like this usually means energy is being stored. Once $FORM resolves above resistance, the move can be swift ā patience here is the edge.


