$FTM

/USDT Technical Analysis & Trade Signal

Current Price: $1.4518

24h Change: +19.04% (bullish momentum)

Key Levels:

1. Support: $1.40 (Recent price floor and a potential dip-buy zone)

2. Resistance: $1.46 (Immediate selling pressure zone)

3. Breakout: $1.47 (Key level for continued upward movement)

Trade Signal:

Buy: Enter at current price $1.4518 or on a pullback to $1.40.

Stop Loss: $1.38 (below support)

Targets:

1. Target 1: $1.46 (Short-term resistance)

2. Target 2: $1.50 (Mid-term profit-taking level)

3. Target 3: $1.55 (Long-term breakout level)

Trade Momentum:

Trend: Bullish (strong upward movement and positive price action)

Volume: 139.04M USDT in 24h, showing robust market participation

The price is likely to continue upwards if it holds above $1.45, so traders should monitor for potential pullbacks to enter with a good risk-reward ratio.

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