A significant long position of $81,000 in Fantom $FTM was liquidated at $0.819, indicating a notable bearish move.

Support and Resistance Levels:

Support: $0.62, then $0.50

Resistance: $0.75, then $0.85

Recommendation:

Given the current price near $0.82 and the recent liquidation, caution is advised.

.The price is approaching the resistance zone between $0.75 and $0.85.

. If $FTM fails to break above this resistance, it may be prudent to consider selling or avoiding new long positions.

.Conversely, a decisive move above $0.85 could signal a buying opportunity.

.Always conduct your own research and consider your risk tolerance before making trading decisions.

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$FTM