📊 Double Alert: +5.1% Surge & 16.2x Volume on $FORM - Right now, this is a high-momentum bullish setup with potential further upside, but it’s also at risk of a sharp retracement after such a parabolic candle. - The ideal play is to **wait for a retrace to the 0.2626–0.2600 support area**, and only enter a long if you see a clear bullish reversal formation there (like a pin bar, bullish engulfing, or strong bounce on lower timeframes). If price simply consolidates at highs without dumping and forms a bullish flag/pennant, a breakout long can be considered on a move above 0.2772 with volume. - Entry: Look for 0.2626–0.2600 zone with confirmation OR breakout retest above 0.2772 with consolidation. - Take profit: First TP 0.2772, next 0.2815, then 0.2884 if momentum sustains. - Stop-loss suggestion: Below the swing low formed during the retrace, or under 0.2551 if you’re entering on a support bounce. - If price instead fails to reclaim 0.2626 and dumps through 0.2600, avoid any longs and wait for further structure to develop. - If price sweeps 0.2997 (recent swing high) and immediately reverses with high sell volume, that would signal a potential bull trap and a short opportunity on confirmation. 📝 This is not investment advice, just an educational report! With this kind of volume anomaly, be cautious and always wait for confirmation before entering any trade. 🚦 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m