$FORTH /USDT – Recovery Leg in Progress
From the chart you shared (15m–1H on Binance), FORTH has completed a corrective drop into 1.50–1.51 and is now printing higher lows, signaling a potential trend reversal on the lower timeframe.
Market Structure Insight
Trend: Short-term recovery → early bullish
Structure: Sharp drop → base → higher low
Key support: 1.510 – 1.515
Immediate resistance: 1.542 – 1.550
Recent bullish candles show buyers stepping back in
Momentum is not aggressive yet, but structure favors continuation if resistance breaks.
Trade Setup (Scalp → Intraday)
Token: FORTH/USDT
Current Price: ~1.525
24h Change: +1.3%
Entry Zone
1.515 – 1.525
(Buy near higher-low support)
Targets
Target 1: 1.542
(Previous swing high)
Target 2: 1.575 – 1.590
(Range top / breakout zone)
Target 3: 1.630 – 1.660
(Expansion if momentum confirms)
Stop Loss
1.495
(Below base + structure invalidation)
Breakout Scenario
A clean 1H close above 1.55 with volume would confirm bullish continuation and open the door toward 1.58–1.60+ quickly.
Risk Scenario
If price loses 1.51, expect another sweep toward 1.50–1.48 before any sustainable upside.
Bias: Bullish above 1.51
Best Strategy: Buy pullbacks into support or enter on confirmed breakout — avoid chasing spikes.
