$FORM is showing strong volatility and trader interest right now. Price is currently around 0.3134 USDT, up ~11% in the last 24 hours, after a sharp sell-off followed by stabilization. This kind of structure often precedes a directional move.
Market Structure Snapshot
Recent high rejection near 0.355 – 0.360
Sharp drop flushed weak hands
Price now consolidating near intraday lows
Selling pressure is slowing → early signs of absorption
On the 1H timeframe, momentum is trying to rebuild after the dump. While candles are still mixed, the long wicks and tight range suggest buyers are defending the current zone.
Trade Setup (Short-Term Swing)
Entry Zone:
0.305 – 0.315 (accumulation zone / demand area)
Target 1 :
0.335 (first resistance & VWAP area)
Target 2 :
0.355 (previous swing high)
Target 3 :
0.385 – 0.400 (range expansion if momentum kicks in)
Stop Loss :
0.295 (clean invalidation below demand)
What to Watch Closely
A 1H close above 0.328–0.330 with volume = bullish confirmation
Rejection + low volume below 0.300 = setup invalid, step aside
Volume expansion is key — without it, expect more consolidation
