Current Price: $1.0595, up 3.12% in the last 24 hours.
Volume:
FTM Traded: 94.53M
USDT Volume: $97.40
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Key Levels:
1. Resistance Levels:
Primary: $1.0600
Secondary: $1.0638 (depth resistance)
2. Support Levels:
Primary: $1.0436
Secondary: $1.0334
Critical: $0.9986
1. EMA Alignment:
EMA(7), EMA(25), EMA(99) signals bullish short-term momentum.
2. Volume:
High trading volume indicates strong market activity.
3. Moving Averages:
MA(5): 2,747,574
MA(10): 2,847,704
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Trading Strategy:
1. Bullish Setup:
Entry Point: Buy near $1.0436 or on breakout above $1.0600.
Target Levels:
Primary: $1.0600
Secondary: $1.0638
Stop-Loss: Below $1.0334
2. Bearish Setup:
Entry Point: Short below $1.0334
Target Levels:
Primary: $1.0136
Secondary: $0.9986
Stop-Loss: Above $1.0436
💥FTM/USDT is showing signs of strength, with its current price breaking above EMA indicators and testing resistance levels. Sustained volume and a breakout above $1.0600 could confirm further upside potential. However, failure to hold above $1.0436 may lead to a pullback toward $1.0334 or lower. Traders should monitor volume and price action near key levels for confirmation.
