$FORTH / USDT – Showing Bullish Momentum! 🔥
$FORTH is currently trading at $2.899, showing a solid gain of +8.25%. The 4-hour chart indicates a steady climb with consistent green candles, suggesting increasing buying pressure. It's approaching the 24-hour high.
Potential Trade Setup:
Entry: Consider potential entries around the current level or on slight pullbacks towards $2.88, looking for support to hold.
Target 1: $2.968 (24-hour high)
Target 2: $3.00 (psychological level)
Final Target: $3.05+ (testing previous highs)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $2.85, to manage risk.
Key Observation: The consistent upward movement and increasing volume suggest sustained bullish interest. Watch if $2.968 can be broken decisively for further upside.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon!
