$FORTH down nearly 4% today — but don’t confuse a pullback with panic.
Price has dropped to $2.467 after rejecting from $3.106, breaking below all major moving averages (7, 25, and 99 MA).
📉 Short-term trend clearly bearish
📉 Now trading under the 99 MA at $2.588
📉 Volume fading = no panic, just post-pump cool down
📌 Next local support around $2.37–$2.42 zone
But here’s what matters more:
🔍 This entire move looks like a post-hype retracement after a solid rally from $2.22
🟢 Structure isn't broken unless $2.20 fails — that’s your key invalidation level
🧠 When price slices through MAs this fast, it usually signals exhaustion — not reversal
If bulls want to regain control, FORTH needs to reclaim $2.58–$2.66 with strength.
Until then, it’s about watching the dip, not chasing the drop.
Patience over panic. Let price come to you.
#TrumpTariffs #MarketPullback #FOMCMeeting #SECProjectCrypto #FORTH $FORTH