Based on the chart provided, the $FORTH /USDT pair is showing a volatile uptrend after a significant breakout. Here's a professional analysis:

1. Trend Analysis: The price recently broke through resistance levels around $5.60 and surged to a high near $6.20 before a minor retracement, indicating bullish momentum.

2. Current Levels: The price is currently consolidating around $5.79. This zone is crucial as it may act as a support for a potential next move upward.

3. Long Entry: A long position can be considered if the price sustains above $5.85. This would confirm buyers regaining control.

Stop Loss: Place a stop loss slightly below $5.60 to minimize risks.

Target: Aim for $6.20 (recent high) as the first target and $6.50 if momentum continues.

4. Short Entry: A short position is viable if the price breaks below $5.60 with high selling volume, indicating bearish pressure.

Stop Loss: Place a stop loss above $5.85.

Target: $5.20 as the initial target and $5.00 for extended weakness.

5. Indicators: Ensure to monitor volume and RSI levels to confirm overbought or oversold conditions, which could refine entries and exits.

Maintain a disciplined approach by sticking to stop-loss levels, and wait for confirmation of breakout or breakdown before entering.

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