【$FORM Signal】Pullback to Long + 1H Level Strong Support Confirmation

$FORM The 1H level has experienced a massive rally and is now undergoing a healthy pullback correction. The current price has retreated from the high of 0.2997 to around 0.279, testing the support area above the 1H EMA20 (0.2545). The 4H candle has established an upward trend with a large bullish candle, and the current candlestick is consolidating at a high level, indicating a strong correction. Open interest remains stable, the fee rate is healthy, and there are no signs of major players offloading. This is a typical first pullback after a sharp rise and an excellent opportunity for a second entry.

🎯Direction: Long (Long)

⚡Entry/Order: 0.249 - 0.255

🛑Stop Loss: 0.235

🚀Target 1: 0.285

🚀Target 2: 0.305

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.255. Hold the remaining position to aim for Target 2. If the price pulls back and breaks through the moving stop loss, exit all positions.

(Depth Logic: The 4H volume has surged over 30%, breaking through the previous consolidation zone. This is a main force action, not driven by retail traders. The RSI on the 1H chart has fallen from overbought territory to 71, releasing overheating pressure and preparing for another rally. The order book shows dense buy orders accumulated in the 0.277-0.279 range, forming an initial support. Combined with the suggested entry points, this area is a high-quality ambush zone where the 1H EMA20 trend line resonates with the previous breakout level. )

View real-time quotes 👇 $FORM

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