๐ FORTH/USDT Futures Analysis (Binance)
๐ Quick Summary:
Current Price: ~$2.51
Launched: April 8, 2025 (Perpetual Futures with 20x leverage)
Volume Surge: +800% ๐
๐ Chart Setup:
Strong bounce from $2.47 support
Higher lows forming โก๏ธ bullish structure
Key Resistance: $2.62, then $2.78โ$2.90
Breakout above $2.62 = potential run to $3.00+
๐ Indicators:
RSI/MACD: Neutral โ Slightly Bullish
EMA Cross: Upward momentum building
Support zone: $2.47โ$2.50
๐ก Trade Idea:
Long Entry: $2.60โ$2.62
Targets: $2.78 โ $2.90+
Stop-loss: Below $2.47
๐ง Risk Tip: Failure to hold $2.47 could dip toward $2.30
๐ Watch for volume confirmation on breakout. Smart entries = better exits.
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