$FORTH BEARISH CONFIGURATION Waiting for a breakout or a bounce

$FORTH /USDT recently reached a high of $ 3.174 after a clean rebound from the main low, followed by a strong rejection around $2.999. Since then, the price action has turned bearish, with a clear lower-high structure and current consolidation near the support zone.

Chart highlights:

• Major high: $ 2.999

• Recent peak: $ 3.174

• Current zone: bearish consolidation after the sell-off

• Key structure: support and resistance compression

Key levels to watch:

• Resistance: $ 2.62 A break above this level could shift short-term momentum.

• Support: $ 2.48 A break here opens a drop towards the $2.30 range.

Trade setup (in case of breakdown):

• Entry (short): Less than $ 2.48

• TP1: $ 2.30

• TP2: $ 2.10

• Stop Loss: Above $ 2.62

If the bulls of $FORTH reclaim the resistance, a reversal may be brewing. But for now, the setup favors sellers unless the structure breaks.