FTM/USDT Chart Analysis - 1D 🕵️♂️📈
Urgent Update 🚨
1. Current Trend
📈 Trend: #FTM is in an upward trend, forming higher highs (HHs) and higher lows (HLs).
📉 Support:
The price is moving above the 200-day Exponential Moving Average (EMA).
2. Recent Correction and Breakout
🔄 Correction: After a correction, the price found support above the 200EMA.
📊 Breakout: The price broke out of the trendline, targeting the previous swing high.
3. Key Levels to Watch
💸 Entry Point: $0.811
🎯 Target: $1.230 (Previous swing high)
🛡️ Stop Loss (SL): $0.596
