$FORTH Displays Positive Momentum – Eyes on Key Resistance Levels
$FORTH is trading at $5.704, with a 6.84% increase in the last 24 hours. The price is recovering strongly after hitting recent lows, showing steady upward momentum.
Trade Setup:
Long Entry: Above $5.80, targeting $6.00 and $6.20 as the next key levels.
Short Entry: Below $5.50, watch for a decline toward $5.20 and $5.00.
Stop Loss: Place a stop loss at $5.60 to manage risk effectively.
Market Insight:
$FORTH's trading activity indicates growing buyer interest as it approaches $6.00, a critical resistance level. Sustained volume and breaking above $5.80 could drive further gains, with $6.20 in sight.