Technical Analysis on FTM/USDT: Key Targets to Watch 🚀
The FTM/USDT pair has shown strong bullish momentum in the past 24 hours, gaining +15.97% and currently trading at $1.0590. Here’s a breakdown of the key levels and targets to watch:
📊 Current Price: $1.0590 (+15.97%)
Key Targets 🎯:
1. Resistance Target #1: $1.0853
The first resistance level sits at $1.0853. This is a crucial point where price could face some resistance, and it will be important to watch for a potential pullback or consolidation. If bulls can break this level, we may see a further surge.
2. Resistance Target #2: $1.0731
The $1.0731 level has shown significant strength in recent trading hours. It acts as a critical resistance point, and surpassing it could pave the way for higher price action towards $1.0853.
3. Support Target: $0.9296
On the downside, the SAR (Stop and Reverse) indicator places support at $0.9296. If the price retraces, this level could provide a solid foundation for buyers to step in. It’s an important level to monitor for potential buying opportunities if the market turns bearish.
