$FORTH /USDT: Possible Bounce Setup – Watch for Breakout Above $2.60
FORTH is trading at $2.587, with a slight gain of +1.41%. The 15-minute chart shows price consolidation near intraday highs, following a recovery from the $2.478 low. Volume remains modest, with 280,504 FORTH traded over the past 24 hours, signaling potential accumulation.
Key Technical Zones:
Resistance: $2.620 (24h high)
Support: $2.478 (24h low)
Current Price Range: $2.55 – $2.62
Trade Plan:
Entry: $2.58–$2.59
Target 1: $2.64
Target 2: $2.72
Stop Loss: $2.47
This is a short-term speculative setup. A breakout above $2.62 with volume confirmation could initiate a bullish wave. Maintain tight stops, and don’t overleverage in choppy zones.
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