$FORTH /USDT: POTENTIAL FOR BULLISH REBOUND - GREAT MOVEMENT IN PROGRESS! 📈

Hello, Binance Square community! 🌟

The pair $FORTH /USDT shows signs of a possible bullish rebound. The current price is $2.936, reflecting an increase of 0.41% (+0.012) in the last 24 hours. The 24-hour high is $2.941, while the low is $2.733, with a trading volume of 290,890.22. The candlestick pattern on the 30-minute chart suggests the formation of a double bottom around the support of $2.730, indicating a potential bullish breakout. The price has recently surpassed the EMA 50, indicating that bullish momentum is building.

**Trading Scenarios:**

1. Bullish Scenario:

- Entry: $2.940

- Take Profit (TP): $3.100

- Stop Loss (SL): $2.840

- Confirmed bullish rebound: go now! 🚀

2. Bearish Scenario:

- Entry: $2.840

- Take Profit (TP): $2.730

- Stop Loss (SL): $2.940

- Risk management is key! 🔻

**Market Outlook:**

With increasing trading volume and a solid support base around $2.730, the market leans towards a bullish continuation. However, traders should be alert for a clear breakout above the resistance at $2.941 to confirm a sustained rally. If the price does not hold above $2.840, it may retest lower support levels.

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