$FTM

Technical Analysis: A Massive Short Liquidation at $1.153!

A staggering $154K short liquidation at $1.153 has just shaken up the #FTM market. The bulls are in the driver's seat, and this could be the start of a powerful rally!

🔹 Price Action: FTM has surged above $1.153, following the liquidation event, showing strong bullish momentum. This could be the breakout many traders have been waiting for. A solid close above $1.153 may pave the way for a move toward $1.25 and higher.

🔹 Resistance Levels: $1.25 is the next key resistance point, followed by $1.35. A successful breach of these levels could send FTM into a strong upward trend, potentially hitting new highs. Watch for any signs of consolidation before a breakout!

🔹 Support Levels: On the downside, the immediate support is at $1.10, followed by $1.05. As long as #FTM holds these levels, the bull case remains intact. A pullback to these levels could provide an excellent buying opportunity.

Explosive Potential: With $154K worth of shorts liquidated, the market is ripe for more upward action. #FTM could continue its bullish rally, fueled by this massive short squeeze. If the bulls maintain control, $1.25 could be within reach in no time!

Watch out for a powerful breakout! The volatility is on the rise, and FTM might be preparing for its next big move. Get ready — the market is heating up!

#FTM #CryptoTA #ShortSqueeze #BullishBreakout #CryptoOpportunity