$FORM /USDT – Bearish Reversal After Strong Rejection
Market Structure & Price Action
FORM experienced a sharp impulsive pump, followed by immediate and sustained selling pressure. After the spike, price failed to hold higher levels and started forming lower highs with continuous bearish candles, signaling distribution and trend exhaustion. This behavior confirms a bearish reversal, not a healthy consolidation.
Trade Setup (Short Bias)
Entry Range:
0.315 – 0.330 (Pullback into rejection / supply zone)
Targets:
🎯 Target 1: 0.300
🎯 Target 2: 0.285
🎯 Target 3: 0.270
Stop Loss (SL):
0.350 (Above rejection high & structure invalidation)
Bias & Expectations
Failure to reclaim 0.33 – 0.34 keeps bearish control intact.
The post-pump structure shows distribution, not accumulation.
Continuation to the downside is likely as liquidity below gets targeted.
Short Outlook of Market
Market remains bearish below 0.34.
Any weak bounce is expected to be sold into aggressively.
Bullish scenario only revives if price reclaims and holds above 0.35 with strong volume.
