Bearish Signal for Fantom : Potential Fall Ahead**
Fantom (FTM) is showing signs of weakness as its daily chart forms a **double top**, a classic bearish pattern.
This double top, combined with the emerging **divergence** in momentum indicators, suggests that the cryptocurrency might be on the verge of a significant decline.
Traders are paying close attention, as tomorrow could be a pivotal day for **FTM**.
The divergence, which indicates a potential reversal in trend, is slowly becoming more pronounced, further strengthening the bearish outlook.
Market watchers should prepare for **volatility** and potential downside risk in the coming days.
If the double top formation plays out fully, Fantom could experience notable declines, reflecting a shift in market sentiment.
Conclusion :
Fantomâs technical indicators point towards a bearish phase, with a possible fall looming. The **double top pattern** and emerging divergence signal caution for traders, as tomorrow may mark the start of a sharper correction. Stay alert for any further confirmation of this trend reversal.
