šŸšØ$FTM/USDT ALERT: Retracement or New Rally? šŸšØ

Current Price: $1.0524

24H High: $1.0742

24H Low: $1.0212

Key Levels to Watch:

Resistance: $1.0742 ā€“ A breakout above this level could push FTM toward $1.10 and $1.15.

Support: $1.0212 ā€“ A break below this could lead to a retracement toward $0.98 or even $0.95.

Insights:

FTM is recovering from its previous consolidation phase, but the upward momentum is facing resistance near $1.07. A decisive breakout is crucial to continue the bullish trend, while a rejection could signal further downside.

šŸ“ˆ Bullish Case: Targets $1.10 and $1.15 if resistance at $1.0742 is breached.

šŸ“‰ Bearish Case: Support around $1.02 must hold to avoid a drop toward $0.98.

Prepare for potential volatility as FTM tests these