Fantom/TetherUS is currently trading around $0.7299 on the 1-hour chart. The chart shows a strong uptrend with the price steadily increasing.
Key resistance levels to monitor are at $0.7350 and $0.7400. Support levels to watch include $0.7241 and $0.7150. The current volume is 17.105M FTM, reinforcing the uptrend.
For a potential trading strategy, consider entering a long position if the price breaks above the $0.7350 resistance level and closes above it. Set a stop-loss at $0.7150 to manage risk. Set take-profit targets at $0.7400 and $0.7500.
This approach helps in capitalizing on the uptrend while managing potential downside risk. Follow for more; you’ll earn better with us.