$FTM /USDT Technical Analysis 🚀
Current Price: FTM/USDT is trading at $0.9896, showing a slight pullback of -2.41% after its recent recovery. The price action suggests consolidation with potential upside movement.
Next Potential Targets:
1. Target 1: $1.0000 - Immediate psychological resistance and short-term breakout point.
2. Target 2: $1.0200 - Resistance zone, where sellers may attempt to take control.
3. Target 3: $1.0500 - Long-term resistance and a key target for momentum traders.
Strategy
Secure partial profits near $1.0000 to capitalize on short-term resistance.
Adjust your stop loss to $0.9700 to protect against downside risks.
Monitor a potential breakout above $1.0200 to ride the momentum toward $1.0500.
📊 Consolidation near critical levels indicates potential for a strong move. Keep an eye on volume for confirmation.