$FORTH /USDT Analysis đ„đ
Price is currently trading within a rising channel, reflecting a bullish trend. A long entry is recommended above $5.85 for potential upside movement.
Trade Setup:
Entry: Above $5.85
Target 1: $6.00
Target 2: $6.20
Stop Loss: $5.65
Market Outlook:
If the price sustains above $5.85, further upside toward the channel resistance at $6.20 is likely. However, a break below $5.65 could signal a short-term bearish reversal.
Bias:
The bullish outlook remains intact as long as the rising channel holds.
Current Price: $5.676 (+8.13%)
Next Move: Watch for price action near the entry zone.