$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!
#BTCNewATH #USUALSpotPrediction #BinanceAlpha #FullMarketBullRun #Bitcoin110KNext?