$FTM
Based on the $FTM/USDT chart and focusing on the Fibonacci retracement levels, here's the analysis:
The price of FTM has recently dropped to around 0.6992 USDT, which is below the 0.236 Fibonacci retracement level (0.5167 USDT).
The next significant Fibonacci level to watch is the 0 level (0.2961 USDT), which would represent a further decline if the price continues to fall.
Final Pattern Observation:
The final pattern in terms of Fibonacci retracement that we can spot here is that FTM has broken through the 0.236 retracement level, indicating a strong downward momentum. If this trend continues, the next key level to observe would be the 0 level, suggesting a potential deep retracement or a possible reversal if it finds support there.
