![](https://public.bnbstatic.com/image/pgc/202405/98a7a4ae9f2faec4320994f4066eaf0b.png)
🚀 #FTM/USDT Technical Analysis 🚀
🔍 Current Price: $0.8844
The FTM/USDT pair has recently broken out of its descending channel, signaling a potential bullish reversal. With the current breakout, we could see the price target the next resistance level around $1.0058.
Key Levels to Watch:
Resistance: $1.0058
Support: $0.6447
📈 Technical Indicators:
The price is moving towards the upper boundary of the channel.
A confirmed breakout above the resistance level could signal further upward momentum.