šØ $FTM Near Key Support: Potential Bounce Play at $1.3658! šØ
$FTM is trading at $1.3658, showing signs of stabilization after testing a recent low of $1.3599. With RSI hovering near 34, the price indicates oversold conditions, suggesting a potential short-term recovery. Resistance sits close at $1.3750, with targets aligned for quick, manageable moves.
Traders can enter around the current price of $1.3658, eyeing short-term gains. Set targets at $1.3700, $1.3750, and $1.3800 to capitalize on the bounce. To minimize risk, a stop loss should be placed at $1.3550. This setup allows for quick profit-taking while limiting downside exposure. Watch the reaction at resistance for further confirmation of momentum.
