Summary:
FORM ($FORM ) struggles near $0.45 after a ~7% dip in the past 24 hours. Repeated bearish patterns suggest sellers remain in control.
Recent Trend:
Late November bearish continuation → breakdown
Short consolidation failed → renewed downside pressure
Factors That Could Ease Pressure:
Low long liquidation clusters near $0.45 → reduces forced selling
Long-term holders largely inactive → minimal selling pressure
Key Levels to Watch:
Support: $0.45 → $0.42 → $0.38
Bullish reset: $0.50
💡 Bottom line: FORM remains fragile; without recovery, $0.38 is next major downside target.
