🚀 $FORTH /USDT: TESTING CRUCIAL LEVELS – READY FOR A BREAKOUT? ⚡
The $FORTH/USDT pair is currently trading at 6.029, hovering near key support and resistance zones. Traders should watch closely for breakout opportunities or possible retracements.
📊 Trade Scenarios:
Entry Point: 6.029
Take Profit (TP 1): 6.200
Take Profit (TP 2): 6.400
Take Profit (TP 3): 6.600
Stop Loss (SL): 5.800
Support is seen at 5.800, while resistance is at 6.200. A breakout above 6.200 could trigger further upside, targeting 6.400 and 6.600. Conversely, a drop below 5.800 may indicate a bearish retracement.
📉 Market Outlook:
FORTH is holding above 5.800 support, suggesting bullish momentum if it breaks 6.200 resistance. A breakout may confirm further gains, while failure to hold support could lead to a pullback.
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