$FTM/USD Quick Analysis:
It has surged over 8% in the last 24 hours, showing strong bullish momentum. Here are the key levels to watch:
- Resistance levels: 0.7771 and 0.8223
- Support zones: 0.6625 and 0.6052
As FTM approaches these resistance levels, itâs crucial for traders to consider securing profits near 0.7771, as price action could face rejection or consolidation at this point. If bullish momentum continues and FTM breaks above 0.7771, the next target is 0.8223. However, managing your position carefully around these resistance areas can help lock in gains and minimize risk in case of a reversal.
