$FORTH / ⚠️ BULLISH BREAKOUT

📊 Technical Analysis:

$FORTH is currently trading at $2.593 (+1.21%), showing bullish momentum on the lower timeframes. Price is holding above key intraday support and testing minor resistance, hinting at a potential breakout.

📌 Key Levels:

Resistance:

🔼 $2.610 (Minor)

🔼 $2.650 (Major breakout level)

Support:

🔽 $2.570 (Immediate)

🔽 $2.530 (Strong demand zone)

🎯 Trade Setup: LONG ENTRY

📥 Entry: $2.59 – $2.61 (on confirmation of candle close above $2.610)

📈 Target 1 (TP1): $2.65

📈 Target 2 (TP2): $2.72

📉 Stop Loss (SL): $2.53

🔄 Risk/Reward Ratio: ~2.0

A clean breakout above $2.610 with volume may lead to a bullish continuation toward mid-$2.70s. Look for strength and confirmation before entering!

💡 Risk Management:

Never risk more than 1-2% of your capital on a single trade. Use proper position sizing and tight SL to protect capital! 🛡️

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