$FORTH is under heavy pressure โ down -18.8% and currently trading near $0.425 after a sharp rejection from the $0.55 high ๐
The delisting announcement (April 1) has triggered strong selling, and momentum is clearly bearish right now. ๐ฅ
๐ 4-hour structure shows a breakdown from the $0.50โ$0.55 supply zone, with price now holding near a weak support region. Immediate support sits at $0.40 and $0.356, while resistance is now flipped at $0.465 and $0.50. Any bounce without volume may get sold into.
Spot Entry Zones: $FORTH ๐
๐ฅ Aggressive Long: Above $0.445 โ target $0.465โ$0.50, SL $0.405
๐ก๏ธ Conservative Entry: Break above $0.465 with volume โ target $0.50+, SL $0.425
๐ Aggressive Short: Below $0.400 โ target $0.356โ$0.320, SL $0.435
Futures Zones (5โ10x leverage):
๐ Long Entry: $0.400โ$0.415 โ target $0.445โ$0.465, SL $0.370
๐ Short Entry: $0.445โ$0.465 โ target $0.400โ$0.356, SL $0.485
โ ๏ธ Delisting risk is the key driver here โ liquidity will keep dropping as April 1 approaches. Any upside move is likely to be short-lived unless strong buying volume returns.
Clean hold above support = temporary relief ๐
Breakdown = continuation toward lower liquidity zones ๐
$BTC direction will still influence short-term moves, but token-specific risk is dominant here.
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