$FORTH
To determine the best entry, stop loss, and target prices for FORTH/USDT, let's analyze the current market situation.
*Current Price:* The current price of FORTH/USDT is around $1.00, with a 24-hour range of $3.470 to $5.71% in the last day and 30.11% in the last week.
*Entry Points:*
- *Buy Zone:* Consider buying around $1.00-$1.135, with potential targets at higher levels.
- *Alternative Entry:* Buy above the descending trendline, targeting $2.869, $3.458, $3.935, $4.411, and $5.089.
*Stop Loss:*
- *Stop Loss Level:* Set stop loss at $0.972 or below the recent support level to limit potential losses.
- *Adjustable Stop Loss:* Consider adjusting stop-loss levels according to market conditions and risk tolerance.
*Target Prices:*
- *Short-term Targets:*
- *Target 1:* $2.869
- *Target 2:* $3.458
- *Long-term Targets:*
- *Target 3:* $3.935
- *Target 4:* $4.411
- *Target 5:* $5.089
*Market Sentiment:*
FORTH/USDT has shown strong momentum, breaking out of a multi-month descending triangle pattern on the daily chart. The price is expected to continue upward, with potential targets at $2.869, $3.458, and higher. However, the overall market conditions are weak, and the price may face resistance at higher levels.¹
Some analysts predict a potential breakout above $4.950 for bullish continuation or a drop below $4.750 signaling a deeper correction.² Always use a tight stop-loss to manage risk and protect your investment.#forth/usdt