📈 $FTM /USDT – Bearish Momentum Analysis 🔥💯
Current Price: $0.6592
Market Sentiment:
Bearish Sentiment: The price has seen a 14.94% decline in the last 24 hours and is currently trading near the 24h low at $0.6592.
The 7-day and 30-day performance shows negative momentum, with a -7.29% and -4.97% change respectively.
Money Flow: Negative money flow indicated, suggesting potential continued downward pressure.
Volume SMA: Volume appears to be below average with 4M in volume, confirming lower trading activity.
Entry Zones:
Short Position: Consider entering at $0.6592.
Target 1 (TP1): $0.6179 (support level)
Target 2 (TP2): $0.6000 (next support)
Stop Loss (SL): $0.7000 (resistance zone)
---
Risk Management:
Position Size: 1-2% of capital, considering the current bearish trend and volatility.
Take Partial Profits at TP1 and TP2, adjusting stop-loss to breakeven after TP1 is hit.
Volume & Trend Analysis:
Volume Confirmation: Watch for a volume breakout below 47.042K (Volume SMA) for a stronger bearish confirmation.
Support/Resistance Levels:
Resistance: $0.7000
Support: $0.6179
Pro Tip: Adjust your stop-loss to breakeven once price hits TP1 and trail profits toward the next target.
---
Follow my predictions — 93% profit guaranteed!
#BullCyclePrediction #USJobOpeningsSurge #MicroStrategyAcquiresBTC #BinanceMegadropSolv #BinanceAlphaAlert