$FORTH USDT BEARS GAINING CONTROL AFTER SHARP REVERSAL

$FORTH surged to 2.770 but faced strong rejection, triggering a steady decline toward 2.589. Multiple failed attempts to reclaim higher levels indicate increasing selling pressure, suggesting potential for further downside if support levels fail to hold.

Trade Setup (Short):

Entry Zone: 2.590 – 2.600

Take Profit 1: 2.540

Take Profit 2: 2.500

Stop Loss: 2.655

Market Outlook:

Momentum currently favors sellers, with lower highs forming on the 15m chart. A drop below 2.540 could accelerate bearish momentum, while a move back above 2.655 would signal a potential recovery attempt.

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