$FORM Price remains compressed under a dominant descending structure. Recent price action shows sideways grinding with no impulsive upside expansion, keeping momentum muted.
Liquidity above the local range has not been convincingly reclaimed, and buyers fail to generate follow-through. This behavior signals passive distribution rather than accumulation.
Support and resistance are clearly defined.
Upside resistance sits at 0.40–0.46 where prior sell pressure capped price.
Downside support rests at 0.32–0.27 as the next downside draw.
Structure favors continuation lower.
Short Trade Signal
Margin: 20x – 50x (Cross)
Entry 1: 0.40
Entry 2: 0.46
TP1: 0.32
TP2: 0.27
SL: 0.50
Short
#FORM Here 👇🏻👇🏻