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$FORTH Monster Spike — Retrace Underway After +52% Surge❗**
$FORTH just **erupted** on the 15-minute chart, blasting from **$1.93** to a peak of **$3.344**, delivering a massive **+52.74% rally** in record time. But after the parabolic run, a pullback is now in motion, with price cooling around **$2.896**.
**Market Snapshot:**
- **24h High:** $3.344
- **24h Low:** $1.887
- **Volume:** 2.69M FORTH
**Technical Breakdown:**
- **Stoch RSI:** Extremely overbought (**96+**) — signals potential exhaustion
- **Price Action:** Strong breakout followed by profit-taking and a red candle
- **Key Support:** $2.70
- **Next Resistance:** $3.10–$3.35
**Outlook:**
This was a **textbook breakout**, but vertical moves often retrace. Watch **$2.70** — if it holds, bulls may regroup for another push. A break below could shift momentum to the downside. **Consolidation is key** before any re-entry.
**Pro Tip:**
Avoid FOMO. **Scalps only** or wait for structure to stabilize. High volatility = high risk.
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$FORTH