$FORM HIGHER-TIMEFRAME BREAKOUT SETUP
#FORM has finally broken out of a multi-month descending structure, with the weekly chart now showing a clear shift in market structure.
Price has reclaimed the descending trendline and is currently holding above the accumulation range around $0.20–$0.25. The breakout is constructive, but the next few weekly candles are critical for confirmation.
Resistance: $0.80/$1.45/$4
A successful retest of the breakout zone followed by sustained weekly acceptance would strengthen the bullish thesis and potentially initiate a much larger expansion.
Invalidation: Weekly close below $0.1768.
From a technical perspective, this is no longer a downtrend-continuation setup, it is a potential higher-timeframe trend reversal.
September 8, 2026 5.7K 8
