$FORTH /USDT โ Breakdown in Motion, Bounce or Bleed? โ ๏ธ๐ป
$FORTH is taking a hit today, down -8.29%, now trading at $2.86 after a sharp rejection from the 24h high of $3.62. With the price dipping close to its 24h low of $2.75, the DeFi token is facing critical pressure.
๐ Key Metrics:
Current Price: $2.86
24H High / Low: $3.62 / $2.75
24H Volume: 10.80M FORTH | $33.65M USDT
SAR: $3.075 (Bearish)
๐ Technical Insights:
SAR flipped bearish = downward momentum still in play
Volume holding steady โ market still active
Local support holding around $2.75 โ $2.78
If lost, eyes on next zone: $2.55 โ $2.60
๐ฏ Trade Scenarios:
Rebound Trade:
Entry Zone: $2.75 โ $2.80
Target 1: $2.98
Target 2: $3.15
Stop-Loss: Below $2.65
Bearish Continuation Setup:
Breakdown below $2.75 = likely move to $2.55
Watch 15m close under $2.74 for confirmation
FORTH is on the edge โ whether it's a dead-cat bounce or full breakdown depends on this support zone.
Stay sharp, and trade with discipline!
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