FORTH/USDT on a trading platform
Overview of FORTH/USDT
Current Price: $5.873
Price Change: +16.85% (significant daily gain, indicating bullish sentiment)
Market Type: DeFi token
24-hour Trading Volume:
FORTH: 2.08M
USDT: 12.23M
24-hour High/Low:
High: $6.450
Low: $5.009
Moving Averages (MA):
MA(7): $5.971
MA(25): $5.597
MA(99): $5.304
Current price is above all MAs, suggesting an upward trend.
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Trading Indicators
Depth:
Sell orders at $6.528 (resistance zone)
Buy orders at $4.898 (support zone)
Volume: 5,857.05 FORTH (significant activity)
Technical Indicators:
BOLL (Bollinger Bands): Indicates volatility. The price approaching the upper band suggests bullish momentum.
MACD: Likely bullish if supported by the price increase.
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Performance Trends
Short-term Gains:
Today: +5.94%
7 Days: +4.78%
Mid/Long-term Gains:
30 Days: +72.77%
90 Days: +82.04%
180 Days: +101.61%
1 Year: +62.40%
This shows strong growth over time, particularly in the past six months, highlighting increased investor interest and adoption.
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Trading Strategy
Bullish Signal: With the price above all key moving averages and showing significant volume, a short-term bullish trend is evident.
Risk Management: Monitor $5.009 as a critical support level. A break below could signal bearish momentum.
Opportunities:
Buy around support levels for potential upward continuation.
Set sell orders near resistance zones ($6.528).