$FORM โ Short Setup on 4H ๐
Entry Zone: $0.275 โ $0.295
Stop Loss: $0.315 โ
Targets:
TP1: $0.250 ๐ฏ
TP2: $0.227 ๐ฏ
TP3: $0.200 ๐ฏ
$FORM moved up around 27% and tested the $0.300 psychological resistance, but price started showing rejection after the sharp rally. The upper wick near $0.300 suggests momentum may be slowing and a pullback could follow.
As long as $0.300 holds as resistance, price may retrace toward the $0.23 โ $0.25 zone, which aligns with the previous breakout area.
A strong close above $0.315 would invalidate the short idea and could lead to continuation higher.
Tradehere: $FORM
#formusdt #USIsraelStrikeIran
Entry Zone: $0.275 โ $0.295
Stop Loss: $0.315 โ
Targets:
TP1: $0.250 ๐ฏ
TP2: $0.227 ๐ฏ
TP3: $0.200 ๐ฏ
$FORM moved up around 27% and tested the $0.300 psychological resistance, but price started showing rejection after the sharp rally. The upper wick near $0.300 suggests momentum may be slowing and a pullback could follow.
As long as $0.300 holds as resistance, price may retrace toward the $0.23 โ $0.25 zone, which aligns with the previous breakout area.
A strong close above $0.315 would invalidate the short idea and could lead to continuation higher.
Tradehere: $FORM
#formusdt #USIsraelStrikeIran