🚀 $FTM

/USDT Technical Analysis 🚀

FTM/USDT has been on a strong upward move, gaining +18.29% over the past 24 hours. However, there are key levels to watch in the short-term to gauge further price action. Let’s break down the potential targets:

🔴 Target 1: 1.1364 USDT

This level represents the 24-hour high and key resistance point. If the price breaks above this, we could see further bullish momentum in the coming hours.

🟢 Target 2: 1.10 USDT

A slight retracement could bring FTM to the 1.10 support level, which would act as a good buying opportunity for those looking for a pullback.

🟠 Target 3: 1.00 USDT

In the event of a deeper correction, the psychological 1.00 level could be the next strong support to keep an eye on. This level has seen previous price action and could be a solid place for long positions.

📉 Key Indicators:

24h High: 1.1364

24h Low: 0.9214

Current Price: 1.1229

Volume: 328.87M FTM / 339.67M USDT

Depth: 13.66%

🔑 Key Strategy: Watch for price action around the 1.1364 resistance to confirm a potential breakout. If prices start to fall, 1.10 and 1.00 could be strategic entry points for swing trades.

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