$FTM
/USDT Technical Analysis & Trade Signals
Current Price: $0.7935
Momentum: Bullish (Price up +15.47% in 24h)
Key Indicators:
1. Moving Averages (MA/EMA): Price above both MA and EMA, indicating upward momentum.
2. Bollinger Bands (BOLL): Price approaching the upper band, suggesting potential overbought conditions or continuation of a breakout.
3. MACD: Positive crossover, signaling bullish momentum.
4. RSI: Likely nearing overbought zone; monitor for reversal signs.
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Trade Setup
Buy Zone: $0.7800–$0.8000 (pullback entries for reduced risk)
Stop Loss: $0.7400
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Targets 🎯
1. Target 1: $0.8300 (recent high; minor resistance)
2. Target 2: $0.8700 (strong resistance zone)
3. Target 3: $0.9200 (breakout continuation level)
Momentum Signal:
Short-term traders: Positive; look for pullbacks to enter.
Swing traders: Bullish; trend continuation likely if $0.8300 resistance is broken.
Monitor volume and market sentiment closely. Reassess if price dips below $0.7400.
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