$FORTH

/USDT: Bullish Momentum with Potential for Breakout 📊🚀

Current Price: 5.623 USDT (+5.58% in 24h)

Momentum: Bullish

Trade Strategy

Bullish Setup:

Buy: Around 5.620

Targets:

🎯 5.800 (Short-term resistance)

🎯 6.000 (Next resistance zone)

🎯 6.200 (Previous high)

Stop-Loss: Below 5.400

Bearish Setup:

Short: If price drops below 5.400

Targets:

🎯 5.200

🎯 5.000

Stop-Loss: Above 5.800

Watch Out:

RSI: Watch for signs of overbought (>70) before aiming for higher targets.

MACD: A bullish crossover would further confirm the momentum.

Possibility 1: Bullish Continuation

With a strong 5.58% gain, the price could continue to test 5.800, and potentially 6.000 or higher, as the bullish momentum persists.

Possibility 2: Pullback or Correction

If the price falls below 5.400, a pullback to 5.200 or 5.000 could occur, signaling a short-term correction.

Stay alert to momentum shifts, and adjust your positions accordingly!

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