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$FORM /USDT โ Short-Term Outlook & Buying Zone Insight
FORM is currently trading around $0.40, showing healthy consolidation after a strong upside move. ๐
Price has pulled back from the $0.44โ0.45 resistance, which is a normal and constructive correction.
๐ Technical Observations:
Price is holding above the MA(99), indicating the overall trend remains bullish
Short-term MAs are compressing โ often a sign of a potential breakout move
Volume has cooled down after the pump, suggesting selling pressure is weakening
๐ข Buying Opportunity:
Accumulation zone appears around $0.39 โ $0.40
This zone can act as a strong base for the next upward leg
๐ฏ Bullish Scenario:
A clean break above $0.42 could open the path toward $0.45+
If momentum builds,
$FORM may attempt a new higher high
โ ๏ธ Risk Note:
If price loses $0.38 support, short-term weakness may continue โ risk management is key.
โจ Overall,
$FORM looks technically healthy, with bullish structure intact and a reasonable risk-to-reward setup for spot traders.
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