FORM Price Action Neutral: Demand Zone Accumulation & Smart Money Setup 📊

FORM is currently trading neutral within a defined demand zone spanning 0.2371 to 0.2771. This isn't indecision — it's a critical phase where institutional accumulation patterns typically emerge.

Why this zone matters: The demand floor at 0.2371 has held through multiple test cycles. Smart money rarely respects a zone without reason. When price oscillates within a tight band like this, order flow concentration often precedes directional breakout. The key question isn't whether FORM will move — it's where rejection quality points next.

What to watch: Pay attention to three specific signals. First, count the number of times buyers step in at 0.2371 without triggering immediate relief rallies. Weak rejection (quick bounce, low volume confirmation) suggests weak hands. Strong rejection (price snaps back decisively, volume prints above 7-day average) tells you smart money is defending that floor.

Second, monitor the supply void. We don't have a clearly defined upper resistance yet — this asymmetry is intentional. Neutral setups often precede explosive moves because nobody's rushing to short at highs. When supply finally appears and gets tested, the reaction will telegraph intent.

Third, liquidity mapping. Check for volume clusters at extremes within the zone. If 80% of recent volume sits near 0.2371, accumulation thesis strengthens. If volume is distributed across the range, expect extended consolidation before directional confirmation.

The neutral bias isn't bearish or bullish — it's analytical. This is the phase where risk-reward becomes favorable for patient traders. Entries off rejection of the demand zone carry higher probability than chasing breakouts from here.