$FORTH /USDT-Bullish momentum observed

with a 4.84% rise and a bullish engulfing pattern near $2.85. However, price confirmation above $3.26 is pending. Key resistance is at $3.26; support is at $2.83.

Fibonacci Levels:

From the $2.813–$2.904 move:

38.2%: $2.883

50%: $2.858

61.8%: $2.833

Price is consolidating near the 50% level, which could act as a pivot.

RSI:

Currently at 73.59, indicating overbought conditions and potential for a short-term pullback.

Entry Zones:

Safer: $2.85 (50% Fib support)

Aggressive: $2.83 (61.8% Fib level)

Take-Profit Zones:

TP1: $3.26 (recent bullish engulfing pattern)

TP2: $3.79 (key resistance level)

Stop-Loss Ideas:

Conservative: $2.80 (below 61.8% Fib support)

Tight: $2.83 (just below 50% Fib level)