$FORTH Rejected Hard at the Top — Recovery Fakeout or Reloading Dip?
Current Price: $2.314
24h Change: -7.85%
24h High: $2.780
24h Low: $2.144
24h Volume: 5.72M FORTH
FORTH/USDT spiked aggressively but got slammed back down from near $2.78 highs. Now trading at a key mid-level zone, bulls need to reclaim momentum fast or risk deeper selling. Bid/Ask spread leans heavily bearish with 70.67% ask dominance — sellers are clearly in control for now.
Key Levels to Watch:
• Resistance Zone: $2.45 – $2.60
Multiple rejections here. Only a break above $2.60 can reignite upside with conviction.
• Support Zone: $2.28 – $2.24
If this floor breaks, FORTH may unravel toward the previous low zone near $2.14.
Trade Setup – Flash Rally or Flush Incoming
Bearish Scenario:
• Entry Trigger: Breakdown below $2.28
• Downside Targets:
• Target 1: $2.18
• Target 2: $2.05
• Stop-Loss: Above $2.45
Bullish Scenario:
• Entry Trigger: Break and hold above $2.60
• Upside Targets:
• Target 1: $2.75
• Target 2: $2.90
• Stop-Loss: Below $2.28