$FORTH
/USDT Technical Analysis & Trade Strategy with Bounce Momentum š„ šÆ
Current Price: 5.876
24h High: 6.450
24h Low: 5.007
24h Volume (FORTH): 2.08M
24h Volume (USDT): 12.21M
š Bullish Setup:
Entry: Buy around 5.80 - 5.90 (support zone).
Targets šÆ:
1. 6.30 (near 24h high)
2. 6.50 (next resistance level)
3. 6.80 (breakout zone)
Stop-Loss: Below 5.50 (recent low)
Risk/Reward: 2:1
š Range Play:
Entry: Buy between 5.50 - 5.90.
Targets: Take profits near 6.10 - 6.30.
Stop-Loss: 5.50.
š Bearish Setup:
Entry: Short below 5.50.
Targets šÆ:
1. 5.00 (support zone)
2. 4.80 (next support level)
3. 4.50 (psychological support)
Stop-Loss: 6.00 (resistance level)
Risk/Reward: 3:1
Trend: Strong bullish momentum with a notable price increase. Watch for support at lower levels to enter long trades with favorable risk/reward ratios.
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