š $FORTH /USDT: TESTING RESISTANCE ā BREAKOUT OR PULLBACK? ā”
The $FORTH/USDT pair is currently trading at 5.696, hovering near key levels. Traders should watch closely for a breakout or reversal as price action develops.
š Trade Scenarios:
Entry Point: 5.696
Take Profit (TP 1): 5.900
Take Profit (TP 2): 6.100
Take Profit (TP 3): 6.300
Stop Loss (SL): 5.500
Support is holding at 5.500, while resistance is at 5.900. A breakout above 5.900 could trigger bullish momentum, targeting 6.100 and 6.300. On the downside, a break below 5.500 may lead to bearish pressure.
š Market Outlook:
FORTH is consolidating above 5.500 support, signaling the potential for a move toward 5.900 and beyond. A breakout above 5.900 would confirm bullish strength, while a drop below 5.500 might indicate a retracement.
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