BlockchainBaller
--
Bullish
$FORTH /USDT Surges with Momentum – Eyeing Key Resistance Levels❗$FORTH is experiencing a strong bullish breakout, currently trading at $5.31, up 56.08% in the past 24 hours. This dramatic rise has positioned the coin near critical resistance, signaling potential for further gains.
Critical Levels to Watch:
Resistance: $5.70 – A breakout above this level could push the price toward $6.00 and $6.30 in the next leg.
Support: $4.88 – A failure to hold this level may lead to retracement toward $4.50 or $4.20.
Indicators:
RSI (75.24): Overbought zone, suggesting a potential cooldown or continuation of strong momentum.
SAR: Indicates sustained bullish sentiment.
Trade Setup:
Long Entry: Above $5.70, targeting $6.00 and $6.30. Place a stop loss at $5.10.
Short Entry: Below $4.88, aiming for $4.50 and $4.20. Set a stop loss at $5.40.
⚠️ Note: The significant price spike may increase volatility. Exercise caution and set tight stop losses to mitigate risks.
#FORTH #CryptoTrading
Critical Levels to Watch:
Resistance: $5.70 – A breakout above this level could push the price toward $6.00 and $6.30 in the next leg.
Support: $4.88 – A failure to hold this level may lead to retracement toward $4.50 or $4.20.
Indicators:
RSI (75.24): Overbought zone, suggesting a potential cooldown or continuation of strong momentum.
SAR: Indicates sustained bullish sentiment.
Trade Setup:
Long Entry: Above $5.70, targeting $6.00 and $6.30. Place a stop loss at $5.10.
Short Entry: Below $4.88, aiming for $4.50 and $4.20. Set a stop loss at $5.40.
⚠️ Note: The significant price spike may increase volatility. Exercise caution and set tight stop losses to mitigate risks.
#FORTH #CryptoTrading
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.