$FORTH /USDT: Trading Guide..Comeback from small dip........
Trading Guide.....
Current Price: $5 805(+8.66%)
Support: $5.550 | Resistance: $5.985
Market Outlook:
$FORTH is rebounding strongly off its support at $5.650, following a recent test of resistance at $5.900. The RSI above 65 reflects neutral momentum, leaving plenty of room for a bullish continuation. Additionally, early recovery signals from the MACD align with improving sentiment.
Trade Setup 🎯
Entry: $5.800
Stop Loss: $5.700
Targets:
TP1: $5.900 (Short-term gain)
TP2: $6.00(Momentum building)
TP3: $6.165 (Retest of resistance)
Why This Setup?
If $FORTH sustains above support, a retest of its recent high at $5.970 is likely. The tight trading range and recovering indicators signal breakout potential. Watch price action and volume closely for confirmation—momentum is brewing.
Upside in Sight. Eyes on the move. 📈