🚀 FORTH/USDT Trading Analysis 🚀
Analyzing the FORTH/USDT chart on Binance, we see key support at $2.952 and resistance at $3.980. The moving averages (MA) are crucial indicators here: MA(7) at $3.303, MA(25) at $2.982, and MA(99) at $3.036. These MAs suggest a bullish trend as the shorter-term MA is above the longer-term ones.
Entry Strategy Consider entering a long position if the price breaks above the resistance at $3.980, targeting $4.200 and $4.500. Place a stop-loss at $3.500 to manage risk. This setup leverages the momentum and aims to ride the upward trend.
Stay tuned for more updates and happy trading! 📈💹
