$FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged.

The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far.

The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken.

As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish.