$FTM 🔥🔥🚀🚀The RSI value is around 43.6, indicating that it is close to the oversold zone but still in a neutral area. It means the momentum is weakening.

The MACD and signal line are below zero and the downtrend continues. A negative histogram indicates that downward pressure is still strong.

There is an increase in volume during the decline, indicating that sellers are dominating.

Stochastic RSI is approaching the oversold zone. The price may make a correction in the near term.

Technical indicators indicate that the price may make a recovery in the short term, but the risk of decline in the wider time frame remains. Important support and resistance levels should be watched closely. IT IS NOT INVESTMENT ADVICE.

Support: 0.887 (Lower Bollinger Band)

0.80 and 0.6441: It stands out as a strong support area in the middle age.

Resistance Levels: 1.19(Middle Bollinger Band): 1.30 and 1.50 Last Peak #BtcNewHolder #FTMUsdt #FTM #Market_Update