💲💹 $FTM #ftmpump 💰 🤑

Based on the current technical analysis and recent movements of FTM/USDT (Fantom):

Technical Patterns

1. Bullish Patterns: FTM has recently displayed bullish signals, including a breakout from a "cup and handle" pattern. This is often associated with strong upward potential if confirmed with high trading volume【9】【10】.

2. Support & Resistance: Immediate support is observed around $1.00, while the resistance lies near $1.20-$1.25. Breaching the resistance zone could signal further upside.

Indicators

Moving Averages: Short-term moving averages suggest a bullish momentum, with price holding above the 200 EMA on the daily chart.

Volume: Watch for increased volume as a signal for the strength of the current trend【9】.

Short-term Predictions

Bullish Scenario: If the breakout sustains, the next target could be $1.30-$1.50, supported by momentum indicators.

Bearish Scenario: Failure to hold current support may lead to retracement toward $0.90-$0.95【8】【10】.

Market Sentiment

Fantom has seen increased trading activity and interest, but overall market conditions, especially Bitcoin's performance, will heavily influence its next move.

To make informed decisions, closely monitor global crypto news, volume spikes, and broader market movements. Let me know if you want updates on live charts or further analysis.