$FORM — Pullback Into Support, Bounce Setup Building
Long $FORM
Entry: 0.285 – 0.297
SL: 0.271
TP1: 0.310
TP2: 0.325
TP3: 0.345
FORM is consolidating after a strong impulsive move, with price now pulling back toward the 0.28–0.29 support zone. The recent lower wick shows buyers reacting around the 0.27 area.
A reclaim of 0.30 with increasing volume could confirm a short-term recovery toward 0.31 → 0.325 → 0.345.
⚠️ Invalidation: A clean 1H breakdown below 0.271 would weaken the bullish setup.
Trade $FORM here 👇🏻
#FORM #ChinaAugustCPIRises0.8%YoY #USDestroysFiveIranianOilTankers #USStocksCloseLowerIntelRises9%
Long $FORM
Entry: 0.285 – 0.297
SL: 0.271
TP1: 0.310
TP2: 0.325
TP3: 0.345
FORM is consolidating after a strong impulsive move, with price now pulling back toward the 0.28–0.29 support zone. The recent lower wick shows buyers reacting around the 0.27 area.
A reclaim of 0.30 with increasing volume could confirm a short-term recovery toward 0.31 → 0.325 → 0.345.
⚠️ Invalidation: A clean 1H breakdown below 0.271 would weaken the bullish setup.
Trade $FORM here 👇🏻
#FORM #ChinaAugustCPIRises0.8%YoY #USDestroysFiveIranianOilTankers #USStocksCloseLowerIntelRises9%
