$FTM
š„ FTM/USDT Technical Analysis - Price at 1.1414: Trade Strategy Unveiled š
FTM/USDT, currently at 1.1414, is navigating critical support and resistance levels that traders need to watch closely. With support solidly holding at 1.10, this area presents a prime entry point for a potential bounce. If the price stays above this level, a move towards 1.20 resistance is likely, where bulls will need to break through to fuel further upside.
A successful breakout above 1.20 could open the door for 1.30 and beyond, signaling a strong bullish momentum. For a strategic entry, consider entering near 1.10, with a stop-loss just below to protect against downside risk. If the price breaks 1.20, look for further confirmation to scale into positions.
Keep an eye on the RSI for momentum and MACD for signs of bullish continuationāthis could be your next profitable setup! š
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