Here’s the technical analysis report for $FTM /USDT based on the image provided:

$FTM /USDT is currently trading at $0.6370, showing an impressive 13.22% gain. The 24-hour high reached $0.6837, while the low was $0.5555, indicating strong bullish momentum in the market. This price action suggests that traders are optimistic about the potential for further upward movement, making key levels important to watch.

If you're considering a long trade, entering above the resistance level of $0.6837 could be a good opportunity. The next target could be around $0.6946 or higher, with a stop loss placed near $0.5555 to manage downside risk. This setup allows traders to capitalize on the current uptrend while remaining cautious.

Alternatively, if the price breaks below $0.5555, a short trade might be considered. In this case, potential targets could be around $0.5353 and $0.4665, with a stop loss placed near $0.6837 to avoid any unexpected reversals. Monitoring these levels closely will help guide trading decisions in the current market environment.

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