$FORTH /USDT Signal: #Bullish
FORTH/USDT has been experiencing a strong uptrend on the 4-hour chart, with the price steadily climbing above its 200-day moving average. The recent price action indicates a potential continuation of this bullish momentum.
Current Price: $5.67
Entry: $5.67 (Market Order)
Resistance: $5.802
Support: $4.716
Take Profit Targets:
* TP1: $5.802 (Resistance Level)
* TP2: $6.000 (Psychological Level)
* TP3: $6.200 (Based on Fibonacci Extension)
Stop Loss: $4.664 (Below recent swing low)
Caution: Traders should monitor the market closely for any signs of instability or a potential breakout from the current trading range.