FTM AT A CROSSROADS⚔️: Bullish Breakout or False Hope? 🤔
Fantom #FTM broke free of its bearish channel but is now retesting it. This creates uncertainty: is it a true breakout or a temporary reprieve?
While the overall trend remains weak, a surge above $0.7550 could signal the start of an uptrend. However, support still lies between $0.5200 and $0.5700 for $FTM , so a clear direction isn't established yet.
Key factors to consider: 💡
Market sentiment: Is the broader crypto market bullish or #bearish ?
FTM's development updates: Are there any upcoming projects or news that could boost confidence?💪
Trading volume: High volume during the breakout suggests stronger conviction.📈
