📉 🩸$FORM SHORT TRADE SETUP ⚠️💎
Traders, FORM is showing clear bearish pressure around $0.3456, creating a clean short opportunity as sellers dominate the current market structure 🔻🔥.
🌐 Market Context
FORM has been trading inside a descending range, with price repeatedly getting rejected between $0.3475 – $0.3500 💰🔻.
Momentum continues shifting downward as sellers step in at every bounce, signaling weakness and a likely continuation to lower levels.
📊 Technical Overview
MACD: Bearish crossover active — momentum favoring downside 🔄📉
RSI: Trending downward with more room before oversold territory 📉
Volume: Red candles increasing — distribution phase strengthening 📊
⚡ Trade Setup
Entry: $0.3456 🔻
Stop Loss: $0.3489 ❌
TP1: $0.3410 🟡
TP2: $0.3375 📉
TP3: $0.3320 🔥
🛡️ Risk Management
FORM can be volatile — use controlled position sizing ⚖️
Watch overall market conditions — strong BTC pumps can squeeze shorts ⚠️
After TP1 hits, move SL to breakeven to secure a risk-free downside continuation trade ✅
