šØ$FTM/USDT ALERT: Retracement or New Rally? šØ
Current Price: $1.0524
24H High: $1.0742
24H Low: $1.0212
Key Levels to Watch:
Resistance: $1.0742 ā A breakout above this level could push FTM toward $1.10 and $1.15.
Support: $1.0212 ā A break below this could lead to a retracement toward $0.98 or even $0.95.
Insights:
FTM is recovering from its previous consolidation phase, but the upward momentum is facing resistance near $1.07. A decisive breakout is crucial to continue the bullish trend, while a rejection could signal further downside.
š Bullish Case: Targets $1.10 and $1.15 if resistance at $1.0742 is breached.
š Bearish Case: Support around $1.02 must hold to avoid a drop toward $0.98.
Prepare for potential volatility as FTM tests these