The whales are clearly positioning themselves for a massive squeeze on ($FORTH) while retail is panic-selling the delisting news. This vertical impulsive move is exactly how smart money traps late shorters.
FORTH
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$FORTH – LONG 🚀
🎯 Trade Plan:
Entry: $0.485 – $0.510
SL: $0.410 (below recent consolidation)
TP1: $0.560
TP2: $0.620
TP3: $0.700+
🔥 Why this setup?
Market Structure: We just witnessed a massive bullish engulfing candle that shattered the previous resistance, flipping the trend instantly.
RSI / Momentum: RSI(6) is at a screaming 96.41, showing intense buying pressure that often leads to a parabolic "blow-off" top.
Liquidity: The price just cleared the 24h high of $0.531 with significant volume, suggesting a massive short-liquidation hunt is underway.
The Debate: Is this a final "exit pump" before the delisting, or is the market signaling that the value is being underestimated? 🧐
Watching this closely 👇
#FORTH #cryptotrading #BinanceSquare
ONTUSDT
دائم
0.0695
+15.25%
STOUSDT
دائم
0.14121
+0.05%