$FORM /USDT – Bearish Rejection from Resistance

Trade Type: Short

Entry: 0.2605 – 0.2615

Stop Loss: 0.2630

Take Profit 1: 0.2585

Take Profit 2: 0.2565

Take Profit 3: 0.2545

Analysis:

Price is showing consistent rejection near the 0.2615–0.2625 resistance zone, with multiple failed attempts to break higher. The structure remains weak, forming lower highs after the sharp drop from 0.2660. Supertrend is bearish, indicating continued downside pressure. Buyers lack momentum, while sellers are defending resistance aggressively, increasing the probability of a move back toward the 0.2550 liquidity zone.

Trade $FORM /USDT here 👇

FORM

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