🚨 $FTM /USDT – Sharp Drop, Recovery in Sight! 🚨
📊 Current Price: $0.9421 (-4.25%)
Fantom (FTM) experienced a steep sell-off, reaching a low of $0.9024, but is now rebounding strongly with buyers stepping in near critical support levels.
🔍 Key Levels to Monitor:
Immediate Support: $0.9024
Resistance Levels:
Short-Term: $0.9479
Next Resistance: $1.0005
Target Levels:
First Target: $0.9500
Stretch Target: $1.0460
Stop-Loss: $0.8900
💡 Analysis: A successful recovery above $0.9479 could signal a reversal, with potential to retest the $1.0005 level. Watch for a breakout in trading volume as a sign of momentum building. Tight risk management is advised given recent volatility.
📈 Keep a close eye on this recovery—FTM could be gearing up for a strong rebound!