$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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buy and trade here on $FORTH