Technical analysis by AltcoinPiooners about Symbol FORTH: Sell recommendation (8/14/2025)

FORTHUSDT Seize the Surge: FORTH 4H Trading Plan with RSI Signal Trading Levels: Entry: 1.00 (3.470 USDT) - The level where the initial purchase is planned. DCA (Dollar-Cost Averaging): 1.135 (3.617 USDT) - An additional buying point if the price rises. SL (Stop Loss): 1.272 (3.767 USDT) - The level where the loss would be limited. TP (Take Profit):TP1: 0.786 (3.236 USDT) TP2: 0.618 (3.053 USDT) TP3: 0.5 (2.924 USDT) TP4: 0.236 (2.236 USDT) - A significantly lower target, possibly a long-term goal. RSI (Relative Strength Index) Indicator: The current RSI value is 82.85, which is in the overbought territory (above 70 and nearing 80). This indicates the price may be overextended, hinting at a potential reversal or correction. Analysis and Interpretation: Strategy: The chart uses Fibonacci levels to determine entry, exit, and loss points. The entry is set at 3.470 USDT, with a DCA at 3.617 USDT if the price continues to rise, and a stop loss at 3.767 USDT to protect capital. Profit Targets: TP1 to TP3 are based on Fibonacci retracement levels (0.786, 0.618, 0.5), indicating a technical approach to taking profits incrementally. TP4 at 2.236 USDT seems notably lower and might reflect a long-term target or an error. RSI: The high RSI value (82.85) suggests an overbought condition. This could signal an impending pullback or consolidation, especially if the price fails to sustain its recent upward momentum. Recommendation: Monitor the price closely around the entry level (3.470 USDT) and DCA (3.617 USDT). Given the overbought RSI, exercise caution with new entries or consider preparing for a potential sell-off.TP 1 ✅ +7.80% PROFIT 💭 Dream big, work hard, stay focused. Interested for Premium 👉 t.me/Altcoin_Piooners Follow for signals! 🔥 #Crypto #Stablecoin