
$FORTH PUMPED 71% — THE SELLERS ARE READY TO STRIKE!
Trading Plan Short $FORTH
Entry: 0.281 – 0.283
SL: 0.290
TP1: 0.271
TP2: 0.256
TP3: 0.236
The asset has climbed from 0.164 to 0.282 — a 71% gain. The RSI at 87 suggests the asset is entering overbought territory. The 4-hour chart is showing a loss of bullish momentum, with smaller candles forming at the resistance level. This region has historically rejected advances, and a failure to establish acceptance above this zone could trigger a rotation toward the liquidity resting beneath recent swing lows. If sellers defend this area, the next downside levels to monitor are near 0.271 and 0.256, with deeper liquidity at 0.236 — a potential 16% decline from entry. The stop is placed tight at 0.290, above the recent high, offering a solid risk-to-reward setup.
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