🚨 $FORTH /USDT – DeFi Drift Below Resistance! 🚨
FORTH just slipped -3.67% to $2.41, dipping below key EMAs and signaling a short-term bearish bias.
It’s trading under EMA(7) at $2.433 and well below EMA(99) at $2.520 – a sign of potential rejection.
A breakdown from $2.405 support could spark a retest of deeper zones.
However, bulls may reclaim momentum if it reclaims $2.47 with volume.
Current volume surge shows increasing trader interest – a bounce or breakdown is coming!
👀 Watch for volatility around the $2.40–$2.45 zone.
🎯 Trade Setup – SHORT
🔻 Entry: $2.42
🎯 TP1: $2.35 | 🎯 TP2: $2.28 | 🎯 TP3: $2.21
🛡 Stop Loss: $2.52