$FTM : Fantom 📈🚨
1. FTM corrected heavily since rejecting from the monthly open. This rejection led price to previous highs near $0.565. Close to a 50% flush.
2. It's consolidated nicely above an important level, which was a previous inflection point on the chart during 2023.
3. For a long position, look for FTM to breakout at $0.775 to see it keep climbing. Good levels after that are $0.818 and $0.862.
4. For a short position, look for breakdown of the monthly open at $0.6446, which would invalidate the recent move back up from range lows. This would be followed by a breakdown into the $0.627 and $0.565 levels.
