🚨 $FTM /USDT Price Action Alert: Breakout or Breakdown Ahead? 🚨
FTM is currently trading at $0.9867, showing a modest gain of +2.93% in the last 24 hours. With a recent high of $1.0543 and a low of $0.9024, the coin is at a critical point, teasing a potential breakout. The 4-hour chart reveals consolidation with key levels to monitor closely.
Key Levels to Watch:
Support Zone: $0.9024 – A break below could indicate further downside.
Resistance Levels: $1.0137, $1.0543, $1.1000.
Trade Setup:
Long Targets:
1. $1.0543 (short-term breakout zone).
2. $1.1000 (next resistance level).
3. $1.2100 (bullish extension target).
Stop-loss: $0.9600 to manage risk effectively.
FTM's price action hints at heightened volatility, making it a compelling watch for both breakout traders and range enthusiasts. With solid volume backing recent moves, bulls and bears are battling for dominance.
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