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$FORM – Trend Reversal Confirmed | High-Probability LONG Opportunity
Current Price: $0.3645 (+10.08%)
$FORM just flipped bullish after breaking out of a prolonged accumulation zone. The price surged with strong momentum, supported by a notable spike in trading volume, and reclaimed key moving averages—a textbook sign of a trend reversal in motion.
After hitting recent highs,
$FORM is now pulling back in a healthy way, creating a prime chance to enter with the trend, instead of chasing it.
🔎 Entry Strategy (Lower Timeframe Confirmation)
On the 1H chart:
RSI is cooling from overbought levels.
Ideal entry setup:
1. RSI bounces and reclaims the 50 midline
2. Price stays above short-term EMAs (21 & 50 EMA on 1H)
This alignment offers a precise, low-risk opportunity to buy the dip in a newly established uptrend. Strong volume suggests institutional support, enhancing the move’s durability.
📈 Actionable Trade Setup (LONG)
Entry: Market @ $0.3651
Take Profit Targets:
TP1: $0.4050
TP2: $0.5200
TP3: $0.6800
Stop Loss: $0.3150
Buying pullbacks in strong trends is where the high-probability trades live. Don’t chase—enter smart, ride the momentum.
#FORM #FORMUSDT #TrendReversal #BullishBreakout
#HighProbabilityTrade