$FORTH

/USDT Technical Analysis & Trade Signal

Current Price: $5.6

24h Price Movement: +5.71%

Support & Resistance Levels:

Support: $5.29 (24h Low)

Resistance: $6.45 (24h High)

Technical Indicators:

RSI (Relative Strength Index): Neutral (50-60 range) – No immediate overbought or oversold signals.

MACD (Moving Average Convergence Divergence): Positive momentum – MACD line above the signal line, indicating bullish movement.

Volume: High volume on price increases suggests continued buying interest.

Trade Momentum:

Momentum: Bullish (Above $5.60, further buying momentum expected).

Trend: Ascending trend, supported by increased buying volume and positive MACD cross.

Trade Signal: Buy Opportunity

Target Levels 🎯

1. Target 1: $6.00 – Resistance close to the 24h high. Initial exit point.

2. Target 2: $6.30 – Mid-term target if momentum holds.

3. Target 3: $6.50 – Reach for the next resistance level.

Stop Loss:

Suggested Stop Loss: $5.30 – Below support to manage risk.

This setup relies on continued upward momentum. If the price stays above $5.60, these targets can be considered.#BinanceAlphaAlert #BinanceLaunchpoolBIO #GrayscaleSUITrust #ChristmasMarketAnalysis