$FTM /USDT Price Analysis .. Keep eye on it ... We will surely achieve our target šÆ soon..
FTM/USDT is demonstrating a strong bullish recovery, currently trading at $0.8111, showing a sharp 17.02% increase within the last 24 hours. The coin has surged from a 24-hour low of $0.6634 to a high of $0.8111, supported by increased trading volume.
Key Levels to Watch:
Support: $0.7664 ā Maintaining above this level could sustain bullish momentum.
Resistance: $0.8217 ā A breakout above this critical resistance could push FTM higher toward untested zones.
Trade Setup:
Long Entry: Around $0.8111 if momentum holds above $0.7664.
Targets:
1. $0.8500 (short-term)
2. $0.8800 (medium-term)
Risk Management:
Stop-loss: $0.7640 ā Protect against downside risk.
Market Insight:
FTMās rapid ascent signals strong buyer interest, likely fueled by optimistic sentiment and technical breakout patterns. However, caution is advised if the price struggles to breach $0.8217. Monitor the volume and RSI for confirmation of sustained momentum.
