$FOREST just printed a powerful recovery breakout after weeks of heavy selling pressure. Following a prolonged downtrend from the $0.07 region to a low near $0.0316, buyers stepped in aggressively and triggered a sharp reversal. The explosive move back above $0.048 signals a potential trend shift, with momentum and volume expanding rapidly as bulls reclaim control.
Setup • Entry: $0.046 – $0.048
• Target 1: $0.055
• Target 2: $0.062
• Target 3: $0.070
• Stop-Loss: $0.042
Momentum Outlook: RSI has surged into overbought territory, confirming strong bullish momentum but also increasing the chance of short-term volatility. Holding above $0.045 keeps the recovery structure intact, while a sustained move above $0.050 could trigger a stronger breakout toward the next major resistance zone. 🚀📈
Trade #forest here
FOREST
Alpha
0.033137
+8.45%