$FORTH /USDT: A Tactical Opportunity in a Steady Pullback
$FORTH /USDT is trading at 5.815 USDT, showing a healthy retracement after touching its 24-hour high of 6.265 USDT. The current consolidation phase near the 5.800 USDT level offers a tactical entry point for short-term gains. With support at 5.700 USDT and immediate resistance at 5.900 USDT, traders can take advantage of this range-bound movement for incremental profit opportunities.
An ideal entry would be around 5.800 USDT, targeting tight profit levels with TP1: 5.880 USDT, TP2: 5.950 USDT, and TP3: 6.020 USDT. To manage risk effectively, a stop loss at 5.700 USDT is recommended, just below the key support zone.
With RSI stabilizing near 43 and MACD showing neutral momentum, the setup favors a cautious yet opportunistic approach. This strategy ensures minimized risk while capitalizing on potential short-term price action within a tight range.