"Fantom (FTM) Shows Potential: Key Levels to Watch"
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Fantom (FTM) has broken its downtrend and appears promising.
The current weekly candle closing above $0.50 would signal an extremely bullish outlook, while a close above $0.47 would still be considered bullish. However, if the weekly candle closes below $0.47, this bullish scenario would be invalidated.
Advice :
- Monitor Key Levels :** Watch for the weekly candle’s closing price relative to $0.47 and $0.50. These levels will indicate the strength of the bullish trend.
-Consider Profit-Taking :** If the price reaches between $0.920 and $1.000, it might be a good idea to take some profits.
Conclusion :
Fantom’s recent performance suggests positive momentum. To capitalize on this, observe the weekly close for confirmation and be prepared to take profits if the price hits the upper target range.