$FTM - price analysis:
The price is consolidating nicely below the main downtrend daily, but I think that a double top is acting on the H4 view!
I wouldn't risk buying below the trend and the $0.4100 mark!⚠️
I expect a possible short-term rejection (double top)📉
The price might consolidate for more time and could revisit the 0.3750 - 0.3500$ support zone!
50% fib support at 0.330$! 🔔
On the other hand, A breakout of the downtrend daily [1st chart] would lead to a pump toward the 0.4800 - 0.500$ zone!
Find a possible setup in the charts! #Dyor2024
