$FORTH Long Trade Signal – Eyes on $2.95 Target
$FORTH just printed a strong bullish candle, breaking above previous resistance and now trading around $2.72, up +7.21% for the day. Price is holding above the key $2.70 mark after touching a fresh 24H high at $2.728—momentum is clearly on the bulls' side.
Trade Setup:
- Buy Zone: $2.68 – $2.72
- Target 1: $2.75
- Target 2: $2.85
- Final Target: $2.95
- Stop-Loss: Below $2.65
Technical Analysis:
- The 15-min chart shows strong upward momentum with increasing volume.
- Moving Averages (MA7, MA25, MA99) are aligned bullishly, indicating solid trend strength.
- RSI(6) at 85+ shows short-term overbought conditions—so some pullback or consolidation could occur before continuation.
- Volume spikes confirm strong buyer interest; as long as FORTH holds above $2.68, continuation toward higher targets looks likely.
Reminder: Use a tight stop and take profits gradually—momentum is strong, but locking in gains step-by-step is key in volatile markets.
Buy & trade $FORTH directly on Binance.
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