Here's a technical breakdown for $FORTH
/USDT
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📊 $FORTH /USDT Market Overview
Current Price: $2.323
24h Change: -2.84% 🔻
24h High / Low: $2.397 / $2.321
24h Volume (FORTH): 106,633.75
24h Volume (USDT): $251,318.65
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🔍 Support & Resistance Levels
📉 Support
$2.321 – Immediate support (near daily low)
$2.317 – Local order book bottom
$2.30 (psychological) – Round-number mental support
📈 Resistance
$2.332–2.346 – Light sell pressure zone
$2.360–2.389 – Main resistance band
$2.397 – Daily high and short-term ceiling
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📈 Technical Indicators
Indicator Value Analysis
Volume (Latest) 209.59 Very low, low conviction 📉
MA(5) 259.99 Falling below average short-term interest
MA(10) 880.03 Long-term volume trend also weakening
Trend Flat to mild bearish bias
Price is hugging the lower boundary of today's range.
Volume shows no bullish momentum to support an upside breakout.
Consolidation possible unless a sharp breakout occurs.
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🧠 Interpretation
🟢 Potential Reversal Zone (Speculative Long Play)
Entry: $2.32–2.31
TP1: $2.36
TP2: $2.39
SL: $2.29
Probability: Low unless volume spikes significantly.
🔴 Bearish Continuation
Break Trigger: Close below $2.317 on rising volume
Target 1: $2.25
Target 2: $2.15
SL: $2.35
Bias: Slightly favored unless BTC/ETH stabilize and pump
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🧾 Summary
Trend: Bearish-neutral short term
Key Zone: $2.321–2.317 (support band)
No bullish divergence, volume remains weak
Wait for volume confirmation before entry in either direction
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