🚀 $FORTH 💯💯✅✅❤️
Forth/USDT Technical Analysis - 5th January 2025 🚀
The Forth/USDT pair is showing promising movement, currently priced at 5.985 USDT, with a solid +8.96% increase over the last 24 hours. After testing a 24h high of 6.067 USDT and a low of 5.403 USDT, the market is in an interesting consolidation phase.
Key Levels to Watch 🎯:
1. Target 1 - 6.07 USDT:
As the price approaches the recent high of 6.067, this level could act as a strong resistance. If the market manages to break through this barrier, a further upward push towards the next target is possible.
2. Target 2 - 5.85 USDT:
A minor retracement may lead the price back to 5.85 USDT, which is a key support level. Traders should monitor this level as it might offer an opportunity for a rebound.
3. Target 3 - 5.40 USDT:
A deeper pullback could see the price reaching towards the 5.40 USDT mark, aligning with the recent 24-hour low. This level could provide another solid entry point for those looking to buy at a discount.
Market Indicators:
24h Volume (Forth): 389,750.66
24h Volume (USDT): 2.28M
Moving Averages:
MA(5): 26,753.95
MA(10): 28,038.36
📊 Trend: Bullish momentum is evident, but a careful watch on support and resistance levels is crucial.
Stay informed and manage your trades accordingly. The market is volatile, and setting clear targets can help mitigate risks. 📈
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