$FORTH
/USDT Technical Analysis: Targets in Sight 🎯
FORTH/USDT is showcasing bullish momentum, breaking key resistance levels and attracting strong trading activity. Here's a detailed look:
Current Price: $5.61 (+10.12%)
Key Levels to Watch:
Target 1: $5.80 – A short-term resistance. Breaking this level could confirm further bullish sentiment.
Target 2: $6.10 – A mid-term target, aligning with Fibonacci retracement levels and prior peaks. Watch for volume support.
Target 3: $6.50 – A long-term psychological barrier. Sustained momentum and positive market conditions are crucial for reaching this level.
Indicators:
RSI is approaching overbought levels, signaling strong demand.
MACD shows a bullish crossover, supporting upward momentum.
Volume trends suggest consistent buying pressure.
Outlook: If FORTH maintains its pace, hitting these targets is achievable. However, traders should monitor for potential pullbacks near resistance zones.
Stay alert and plan your strategy accordingly!