$FTM
🚀 FTM/USDT Analysis: Is a Reversal Brewing?
The FTM/USDT pair on the 15-minute timeframe is catching attention as it attempts to recover from a bearish run. With the price currently at $0.8318, it’s showing signs of life after testing its $0.8180 support zone, which aligns with the 24-hour low.
📉 Support & Resistance Levels:
Support: Strong buyers are defending the $0.8180 level, marking a key demand zone.
Resistance: Watch for resistance around $0.8350 to $0.8400, as previous attempts to break this range faced selling pressure.
📊 Entry Strategy:
Bullish Entry: If FTM breaks above $0.8350 with strong volume, consider entering for a potential rally to $0.85 or higher.
Bearish Entry: A breakdown below $0.83 could trigger a move toward $0.82, offering short-selling opportunities.
🔥 Why Watch Now?
The sudden shift in momentum, with buyers stepping in, suggests a potential short-term reversal. However, confirmation is key—wait for breakouts or breakdowns before making your move. Manage your risk wisely!
What’s your move? 🧐
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