$FTM
/USDT Technical Analysis & Trade Signal🔥💯
Current Price: 0.8226 USDT
Technical Analysis:
Trend: Strong bullish momentum with a 24h gain of +19.77%.
Indicators:
RSI: Near overbought levels (70+); indicating strong buying pressure.
MACD: Positive crossover suggests continued upward movement.
Moving Averages: Price is above 50-day and 200-day EMAs, confirming an uptrend.
Support Levels: 0.8000 USDT, 0.7500 USDT.
Resistance Levels: 0.8500 USDT, 0.9000 USDT.
Trade Signal: Buy on Breakout or Pullback
Momentum: Bullish with high trading volume (142.70M FTM).
Ideal Entry: Above 0.8250 USDT after a breakout or near 0.8000 USDT as a pullback.
Targets 🎯:
1. 0.8500 USDT (Short-term resistance)
2. 0.9000 USDT (Medium-term resistance)
3. 0.9500 USDT (Extended bullish rally)
Stop Loss: Set below 0.7800 USDT to manage risk.
Trade cautiously, monitor market momentum and news updates!