$FORM /USDT – Explosive Breakout | Bullish Continuation Setup
Market Structure:
FORM printed a strong impulsive breakout from the 0.27 demand zone, followed by a healthy pullback and consolidation above the breakout level. This behavior indicates bullish continuation after expansion, not distribution.
Long Entry:
Entry Zone: 0.330 – 0.340
Targets:
TP1: 0.365
TP2: 0.395
TP3: 0.420
Stop Loss:
SL: 0.300 (below breakout base & structure)
Key Levels:
Support: 0.300 – 0.315
Immediate Resistance: 0.365
Major Resistance: 0.395 / 0.420
Outlook:
As long as price holds above 0.30, the bullish structure remains intact. A strong continuation candle above 0.36 can trigger the next expansion leg toward higher resistance.
