📈 $FORM Short Outlook

Sharp Rally \rightarrow Rejection: Price spiked but was sharply rejected at the upper supply zone.

Buyer Exhaustion: Failed to hold highs; forming lower highs indicates buyer weakness.

Bearish Structure: Current structure favors a corrective pullback.

Key Resistance: Setup is valid below the $0.44 - $0.45 resistance area.

Trade Bias: Short while below 0.44.

Entry: $0.4280 - 0.4400

Targets: 0.4100, 0.3950, 0.3769

Stop Loss (SL): 0.4700

Invalidation: A strong reclaim and hold above 0.47.

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FORM
FORM
0.3648
-11.69%