$FTM /USDT: Long Signal - Spot and Futures
$FTM /USDT has formed a consolidation zone and looks primed for a breakout if the price sustains above $1.38.
Spot Trading Signal
• Entry Zone: $1.38 - $1.40
• Targets:
• $1.42
• $1.45
• $1.50
• Stop Loss: $1.35
Futures Trading Signal
• Entry Zone: $1.38 - $1.40
• Targets:
• $1.42
• $1.45
• $1.50
• Stop Loss: $1.35
• Leverage: 5x (Moderate Risk)
Market Analysis
• Support: $1.35 – Key level holding the price.
• Resistance: $1.42 - $1.45 – A breakout here could lead to the next resistance at $1.50.
• Volume: Stable, awaiting a potential increase.
• Trend: Bullish structure with higher lows, signaling recovery momentum.
Insights
• RSI: Neutral, room for further upward movement.
• Risk Management: Use stop loss to limit downside risk.
$FTM /USDT shows signs of a breakout. Monitor closely for confirmation and volume surge.