The $FTM /USDT pair is experiencing a strong bullish surge, currently trading at 1.2575, reflecting a substantial 25.62% increase over the last 24 hours.
The pair's rise to a high of 1.3000 indicates strong upward momentum, driven by a recovery from the low of 0.9813. As the price approaches the 1.3000 resistance level, the potential for a breakout looms, which could drive the pair to even higher levels if the bullish sentiment continues.
However, traders should monitor the immediate support zone at 1.1991 to guard against potential pullbacks. With high trading volumes supporting the move, this could present a great opportunity for traders looking to capitalize on the bullish trend. Tight risk management will be crucial as the price approaches critical levels, especially around the 1.3000 resistance.