🚨 $FORTH /USDT – POTENTIAL REVERSAL SIGNAL AFTER SPIKE!
Price is currently at $2.395, showing early signs of weakness after a sharp move up toward $2.437. Sellers have stepped in near local resistance, with a noticeable bearish wick on the 30-minute chart.
📉 Trade Setup (SHORT):
Entry Zone: $2.395 – $2.415
Target 1: $2.340
Target 2: $2.280
Stop Loss: $2.445
Why Short?
$FORTH saw a strong spike, but buyers failed to sustain above $2.420. The rejection wick and slowing momentum suggest a possible lower high, setting up a corrective move.
Risk Management Tip:
Keep SL tight above $2.445 to avoid bull trap continuation. Trade in trend — wait for confirmation candle before executing.
Fade the pump — trade the retrace and protect your gains on $FORTH!
Momentum is cooling — smart entries now lead to strong exits later!
