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Check I informed you All guys that hold your $FTM ... Don't sell in low .. Check solid 💯 Bold Analysis prediction ..
$FTM /USDT Technical Analysis: Bullish Breakout in Progress
FTM/USDT is displaying strong bullish momentum, currently trading at $0.7920 with a 15.54% increase in the last 24 hours. The pair has surged from a low of $0.6634, breaking through multiple resistance levels and reaching a high of $0.7975. This sharp upward movement is backed by significant trading volume, indicating strong buyer interest.
Key Levels to Watch:
Resistance:
$0.8000 – A critical psychological level. A breakout above this could trigger further gains toward higher targets.
Support:
$0.7550 – The nearest support level. If a pullback occurs, this zone will act as the first line of defense.
$0.7200 – Strong secondary support to monitor for any deeper corrections.
Trade Setup:
Entry Point: Around $0.7900
Targets:
Target 1: $0.8200
Target 2: $0.8500
Stop Loss: $0.7400
Market Insights:
The breakout is supported by rising trading volume, which suggests that buyers are firmly in control. If FTM sustains its momentum and breaches the $0.8000 resistance, it could aim for $0.8200 and $0.8500. However, a failure to hold above $0.7550 might lead to a short-term consolidation phase.
Recommendation: Traders should monitor the $0.8000 level closely for breakout confirmation. Tight risk management is essential to safeguard against potential reversals.
#Write2Earn!
$FTM /USDT Technical Analysis: Bullish Breakout in Progress
FTM/USDT is displaying strong bullish momentum, currently trading at $0.7920 with a 15.54% increase in the last 24 hours. The pair has surged from a low of $0.6634, breaking through multiple resistance levels and reaching a high of $0.7975. This sharp upward movement is backed by significant trading volume, indicating strong buyer interest.
Key Levels to Watch:
Resistance:
$0.8000 – A critical psychological level. A breakout above this could trigger further gains toward higher targets.
Support:
$0.7550 – The nearest support level. If a pullback occurs, this zone will act as the first line of defense.
$0.7200 – Strong secondary support to monitor for any deeper corrections.
Trade Setup:
Entry Point: Around $0.7900
Targets:
Target 1: $0.8200
Target 2: $0.8500
Stop Loss: $0.7400
Market Insights:
The breakout is supported by rising trading volume, which suggests that buyers are firmly in control. If FTM sustains its momentum and breaches the $0.8000 resistance, it could aim for $0.8200 and $0.8500. However, a failure to hold above $0.7550 might lead to a short-term consolidation phase.
Recommendation: Traders should monitor the $0.8000 level closely for breakout confirmation. Tight risk management is essential to safeguard against potential reversals.
#Write2Earn!
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