# Best AI coin to watch for the day - Forta

By Sheena Jordan

Canonical URL: https://www.tokenpost.com/news/investing/12465
Published: 2024-07-25T01:17:41.000Z
Updated: 2024-07-25T01:17:41.000Z
Section: Investing

> FORTUSD surged more than 60% after a massive sell-off.

Ichimoku Analysis (4-hour chart)

Tenken-Sen- 0.18353

Kijun-Sen-  0.18353

FORTUSD surged more than 60% after a massive sell-off.

Any daily close above $0.220 confirms further bullishness.

FORTUSD has gained more than 65% in the past two weeks. The pair holds above the short-term (21 and 55 EMA) and below the long-term moving average in the 4-hour chart. It hit a high of $0.2112 and is currently trading around $4.73.

The bullish invalidation can happen if the pair closes below $0.080. On the lower side, the near-term support is $0.150. Any close below targets $0.12/$0.10.

The pair's near-term resistance is around $0.220. Any breach above confirms minor bullishness. A jump to $0.260/ $0.30/$0.3885 is possible. A surge past $0.40 will take it to $0.50/$0.60.

It is good to buy on dips around $0.150 with SL around $0.10 for TP of $0.50.

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