$FORM spent weeks coiling inside a tight band and has now broken free with clean structure. The breakout is orderly, not chaotic, which usually results in multi-leg continuation. Buyers are clearly defending the breakout level and not allowing price to sink back into the range. This is the zone where trends mature and attract trend-followers.
EP: $0.348 – $0.362
TP: $0.405 / $0.465 / $0.535
SL: $0.325
FORMUSDT
Perp
0.2515
-0.43%