$FTM
/USDT Technical Analysis: Key Targets to Watch 🎯
The FTM/USDT trading pair is showing impressive momentum with a 22.14% increase in the past 24 hours. Here's a breakdown of the price action and three key targets to keep an eye on for the next moves:
📈 Current Price: $0.875
24h High: $0.8809 | 24h Low: $0.6823
Target 1: $0.9000
As the price continues to consolidate above $0.875, the next major resistance level sits at $0.9000. A breakout above this level could trigger a rally, with bullish momentum extending further.
Target 2: $0.8500
Watch for support around $0.8500. If the price dips, this level could act as a strong buying opportunity, where market participants might step in to push the price back up.
Target 3: $0.8000
In the case of a deeper correction, $0.8000 stands as the next level of support. A retest here could potentially offer a solid entry point for those looking to capitalize on the longer-term trend.
Volume Analysis:
24h Volume (FTM): 178.17M
24h Volume (USDT): 136.34M
With strong volume backing recent price moves, the next few hours will be critical to determine if FTM can hold these levels and push higher.
🚀 Stay tuned for more updates, and make sure to monitor the market closely! #FTMUSDT #CryptoAnalysis #Binance