🎯$FTM /USDT Analysis:🎯

📊The $FTM /USDT pair is currently trading at $1.0575, up 12.06% on the day. The 24-hour high and low are $1.0930 and $0.9214, respectively. Volumes are strong, with 289.47M FTM and 290.13M USDT traded in the last 24 hours.

💹Technical Outlook:

The price is currently consolidating above the $1.05 support level. A break above the $1.09 resistance could signal further upside towards the $1.15 level. However, a break below $1.05 could trigger a sell-off towards the $0.95 level.

Trading Ideas:

📈 Long Entry: $1.06, Stop Loss: $1.03, 🎯Target: $1.10

📉 Short Entry: $1.09, Stop Loss: $1.10, 🎯Target: $1.03

⚠️Overall:

The FTM/USDT pair is currently in a bullish trend, with the potential for further upside. However, the market is also showing signs of exhaustion, so traders should be cautious and manage their risk accordingly.

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