Technical Analysis ($FTM

/USDT)

Current Price: $0.8573

$FTM The price has been experiencing an upward trend, with a +26.43% increase in the past 24 hours.

Support Level: $0.6749 (previous 24-hour low)

Resistance Level: $0.8594 (24-hour high)

Trade Signal

Buy Signal: Enter buy if the price breaks above $0.8594 with sustained momentum.

Sell Signal: Consider selling or securing profits if price retraces to the support zone near $0.8076.

Target Levels 🎯

1. Target 1: $0.8900 – Short-term resistance; conservative profit-taking zone.

2. Target 2: $0.9200 – Mid-term target if bullish momentum continues.

3. Target 3: $0.9500 – Higher target with extended bullish movement.

Trade Momentum

Positive Momentum: The recent 26.43% price increase suggests bullish sentiment; buying at breaks above $0.8594 could lead to further gains.

Momentum Confirmation: A strong closing above $0.8594 could confirm the continuation of the rally, aiming for the targets mentioned above.

This technical analysis and trade signal are based on the current trend and market conditions. Make sure to use proper risk management when placing trades.

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