🚨 $FORTH PLUNGES SHARPLY: WATCH THESE CRITICAL LEVELS NOW! 🚨
$FORTH has dropped to $4.954, down 7.52% in the last 24 hours, following a rejection at $5.697. The recent bearish momentum is intensifying, with prices testing key support zones.
🔍 Key Levels to Monitor:
Resistance: $5.69 – Breaking this level could signal a reversal with upside targets at $6.00 and beyond.
Support: $4.82 – A drop below this level might lead to a retest of $4.50, signaling further downside pressure.
⚠️ Market Outlook:
Bearish Continuation: Failure to hold $4.82 could see $FORTH declining further, potentially testing $4.13.
Recovery Scenario: If support holds, expect a bounce towards $5.69, with bulls attempting to regain control.
Traders should proceed cautiously as volatility spikes. Tight stop-loss levels are essential in this critical phase.
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