⚠️ $FORTH /BTC – Clinging to Support with RSI in the Basement 👀🔻
$FORTH is trading at 0.00002268 BTC, struggling near local lows as RSI dips near extreme oversold territory. Is a relief bounce in the cards or will the breakdown continue?
📊 Market Overview
📍 Current Price: 0.00002268
📈 24h High: 0.00002347
❄️ 24h Low: 0.00002263
📉 Moving Averages:
• MA(7): 0.00002275
• MA(25): 0.00002289
• MA(99): 0.00002312
📉 RSI(6): 30.19 (Just above oversold!)
📈 FORTH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FORTH Holds Above 0.00002260):
• Entry: Above 0.00002280
• Targets: 0.00002350, 0.00002460, 0.00002550
• Stop-Loss: 0.00002220
🔹 Bearish Scenario (If FORTH Breaks 0.00002260):
• Entry: Below 0.00002250
• Targets: 0.00002200, 0.00002140, 0.00002070
• Stop-Loss: 0.00002300
🔍 Analysis
✅ RSI at 30 suggests sellers may be exhausted
📉 But the price is below all major MAs – trend still bearish
⚠️ Low volume & lack of bounce = caution for long entries
💡 Strategy Insight:
Price action favors short-term scalps unless 0.00002300 is reclaimed with strength. Break below 0.00002250 = momentum sellers could pile in fast.
📢 Your take on $FORTH? Playing the bounce or betting on the flush? Drop your chart! 🔍👇
🔥 LIKE & RETWEET for more setups on DeFi majors like $FORTH! 📈