🚨 $FTM /USDT ALERT: TREND REVERSAL OR BREAKDOWN? 🚨
$FTM is trading at $1.2663, showing a pullback after its recent rally. With the price consolidating near key levels, a significant move is on the horizon.
Spot Trading Signal
• Entry Zone: $1.2600 - $1.2700
• Target 1: $1.3000
• Target 2: $1.3400
• Stop Loss: $1.2200
Futures Trading Setup
Long Setup (Bullish)
• Entry Zone: $1.2600 - $1.2700
• Leverage: 5x-10x
• Target 1: $1.3000
• Target 2: $1.3400
• Stop Loss: $1.2200
Short Setup (Bearish)
• Entry Zone: $1.2700 - $1.2800
• Target 1: $1.2400
• Target 2: $1.2200
• Stop Loss: $1.3000
Key Levels to Watch
• Resistance: $1.3000 and $1.3400 – A breakout above could initiate a new uptrend.
• Support: $1.2200 – Losing this level might trigger further downside pressure.
⚠️ Risk Management Tips
• Use lower leverage to manage risk in case of unexpected volatility.
• Watch trading volume closely for confirmation of breakouts or breakdowns.