$FORM printed a sharp volatility spike from the lower channel support, signaling aggressive short covering and early reversal intent. After the rejection from the upper wick, price is now stabilizing near the base. As long as this zone holds, continuation toward mid-range resistance remains valid.

Trade Setup:

Trade Setup: Long

Entry Zone: 0.295 – 0.305

Target 1: 0.325

Target 2: 0.350

Target 3: 0.385

Stop-Loss: 0.268

Momentum favors upside recovery while price holds above the channel base.

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FORM
FORM
0.3042
+12.00%