FTM/USDT is trading at $0.8220, setting itself up for potential volatility. The immediate support at $0.8000 has held strong, indicating strong buyer interest. On the upside, the key resistance at $0.8500 is the next challenge for bulls, and a break above this level could spark a rally towards $0.8800 and $0.9000.
Entry strategy:$FTM
Bullish setup: Enter a buy trade above $0.8500 with strong volume confirmation, targeting $0.8800 and $0.9000 for profit-taking opportunities.
Bearish Setup: If the price breaks below $0.8000, expect a retest of $0.7700, which provides selling potential for bulls.
📊 Technical indicators:
The RSI at 52 indicates slight upward momentum, but a push above 60 could confirm a stronger upside potential.
The 50 EMA acts as a dynamic support, providing an encouraging signal for bulls as long as it holds its level.
FTM/USDT is at a critical stage, with both bulls and bears watching for the next decisive move. Keep a close eye on price action and volume—this could be your chance to profit from a breakout or reversal. Be alert and trade wisely! 🔥
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