🚨 Trade Setup Alert: $FORTH /USDT 🚨
💡 Potential Short-Term Play
1. Entry Zone: $5.40 - $5.45
2. Take Profit 1 (TP1): $5.70
3. Take Profit 2 (TP2): $6.00
4. Stop Loss (SL): $5.20
5. Risk-Reward Ratio: 1:2
📊 Technical Overview:
• Support Level: Strong rebound near $4.50, indicating buying interest.
• Resistance Zone: Watch for $5.70 breakout for potential continuation.
• Indicators suggest short-term bullish momentum in play.
💡 Trading Tip:
• Secure partial profits at TP1 and move stop loss to breakeven.
• If price approaches $6.00, reevaluate the trend for a potential long-term move.