$FORTH
/USDT Climbs Higher: Will It Sustain This Bullish Momentum?
The FORTH/USDT pair has surged to $5.83, gaining 9.25% in the past 24 hours and reaching a 24-hour high of $5.837. This price movement reflects strong bullish sentiment as the price rallied from a low of $4.716, showcasing steady upward momentum. The RSI at 76.04 indicates the pair is in overbought territory, suggesting potential consolidation or a minor pullback before further continuation.
The MACD histogram confirms bullish activity, with increasing volume providing further support for the current uptrend. Key resistance lies at $5.85; a breakout above this level could propel FORTH toward $6.00 and beyond. On the flip side, support at $5.48 is critical for maintaining the bullish structure. A breakdown below this level could trigger a retracement to $5.20.
With the market showing strong momentum, traders should watch for decisive moves at these critical levels. Will FORTH break through and continue its rally, or will it face a temporary correction? Stay alert for the next big move in this DeFi token.
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