Technical analysis by darksignal about Symbol FORM: Buy recommendation (9/20/2025)

On the 4-hour chart, the FORM/USDT pair remains in a clear downtrend. Successive lower highs and lower lows indicate sustained selling pressure, and the price continues to trade below key moving averages. Both short- and long-term moving averages are sloping downward, reinforcing the bearish outlook. At present, the market is showing a brief consolidation around the 1.60–1.50 USD area, which acts as a local support zone. The first notable resistance levels appear near 1.90–2.00 USD, where previous supply reactions occurred and the shorter moving averages converge. A decisive break above this zone could signal that downward momentum is weakening, though there are no strong signs of a trend reversal yet. It is worth monitoring trading volume closely—an uptick in volume during an attempted breakout from the current range could indicate a shift in market dynamics. Complementary indicators such as RSI or MACD may help identify potential signs of trend exhaustion or the early stages of a momentum change. Potential TP: 2.60