๐ $FORTH /USDT: WATCHING FOR A BREAKOUT OR PULLBACK! โก
The $FORTH /USDT pair is trading at 5.975, testing crucial support and resistance levels. This price action could set the stage for the next major move, so traders should be alert for potential breakouts or pullbacks.
๐ Trade Scenarios:
Entry Point: 5.975
Take Profit (TP) 1: 6.100
Take Profit (TP) 2: 6.300
Take Profit (TP 3): 6.500
Stop Loss (SL): 5.800
The price is holding near support at 5.900, with resistance at 6.100. A breakout above 6.100 could signal bullish continuation, while a drop below 5.800 could indicate a bearish trend.
๐ Market Outlook:
The market is consolidating around this key level. A move above 6.100 could fuel further upside momentum, while a breakdown below 5.800 may lead to a bearish continuation. Watch for volume and momentum to confirm the direction.
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