woohoo 🎉 Everyone stop and look at this. $FORM is trying to reclaim its structure
FORM recently faced a sharp rejection from the 0.45 area, followed by a fast sell-off that pushed price into a strong demand zone near 0.35. This level acted as a solid base, where buyers stepped in aggressively and triggered a sharp bounce, signaling that selling pressure has been absorbed. The recovery candle from the lows shows strength and hints at a possible short-term trend reversal.
From a technical view, the major support zone is clearly located at 0.35 – 0.36, which is the key level bulls must defend. As long as price holds above this area, downside risk remains limited. The immediate resistance zone sits around 0.41 – 0.43, where previous consolidation and breakdown occurred. A clean move above this range would confirm stronger bullish continuation.
Short-term long entry can be considered near 0.38 – 0.39, targeting 0.41 and 0.43, with a stop-loss below 0.36.
For long-term accumulation, pullbacks into 0.36 – 0.37 offer a better risk-to-reward zone, with a wider stop-loss below 0.35. Overall, FORM is in recovery mode, and holding above support keeps the rebound structure valid while buyers attempt to regain control.
