$FTM

For Quick Profits

Actionable Strategy

• For Bullish Breakout:

• Buy on a confirmed breakout above $1.12 with volume.

• Target: $1.14–$1.15.

• Stop Loss: Below $1.10.

• For Pullback Entry:

• Buy near $1.10 (support).

• Target: Retest of $1.12–$1.14.

• Stop Loss: Below $1.08.

• Avoid Trading in Consolidation:

• If the price remains between $1.10–$1.12 with low volume, wait for a breakout.

My View

• The short-term trend remains bullish, but overbought indicators and reduced volume near resistance suggest caution.

• Monitor whether buyers regain strength above $1.12 or if sellers push the price down to retest $1.10.