$FORTH Price Skyrocketed but Pullback Already Underway❗$FORTH just erupted from a low of $1.93 and surged to a fresh high of $3.34, marking a jaw-dropping intraday move. However, the rally is already cooling off as the price retreats to $2.67, hinting that early profit-taking may be kicking in.
Current Snapshot:
Price: $2.672
24h High: $3.344
24h Low: $1.887
Change: +40.04%
Stoch RSI: Turning down from overbought territory (still above 60)
Key Levels to Watch:
Resistance: $2.95–$3.10
Immediate Support: $2.45
Major Support: $2.20
Analysis:
The explosive breakout may have exhausted short-term momentum. If buyers can defend the $2.45 zone, another attempt toward $3+ could be on the cards. Otherwise, failure to hold may trigger a deeper retracement toward $2.20 or lower.
Outlook:
Momentum was strong, but bulls are losing grip fast. Caution is advised scalpers can look for short setups below $2.60 with tight risk, while swing entries should wait for consolidation or a retest of support.
