$FORTH /USDT: Strong Momentum within Channel – Eyes on Key Levels! 🔥💯
$FORTH /USDT is currently trading at $5.921, maintaining its position within a clear upward channel. Despite a minor pullback (-2.05%), the price is holding above the lower trendline, signaling a continuation of bullish momentum.
Key Levels to Watch:
• Support: $5.80 (Lower trendline zone)
• Resistance: $6.50 (Immediate upper resistance)
• Next Target: $7.00 (Upper trendline)
Strategy:
• Entry: Near $5.90–$5.95
• Target: $6.50 (Short-term), $7.00 (Channel peak)
• Stop-Loss: Below $5.80
The price action remains favorable as long as the lower trendline holds. Traders should watch for volume surges to confirm any breakout.
📈 Stay cautious, secure partial profits at $6.50, and manage stop-losses to lock gains.