𝐅𝐓𝐌 𝐂𝐨𝐢𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐒𝐲𝐦𝐦𝐞𝐭𝐫𝐢𝐜𝐚𝐥 𝐓𝐫𝐢𝐚𝐧𝐠𝐥𝐞 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐎𝐮𝐭𝐥𝐨𝐨𝐤🔥🔥🔥
Coin: $FTM
Trade Strategy: Short Position
On the 15-minute timeframe, $FTM has developed a Symmetrical Triangle pattern, a formation often associated with significant price movement. This technical setup indicates a decisive moment for the coin’s trajectory. A break below the lower boundary of the triangle could trigger a bearish trend, with an anticipated price decline of approximately 8%, based on calculated projections.
Traders should closely monitor the price action near the triangle’s support level. If the breakdown occurs, it may present an opportunity for short positions. However, it’s essential to remain vigilant and use risk management strategies, as false breakouts can occur in volatile markets.
This pattern highlights the importance of keeping an eye on FTM’s price dynamics as it approaches a pivotal point. For traders aligned with the short-term bearish outlook, this setup offers a potential entry into the market while emphasizing the need for caution and precision.
#FTM #FTM/USDT #FTN🔥🔥🔥 #Crypto2025Trends #GrayscaleHorizenTrust