"FTM/USDT: A Rebound on the Horizon?"
$FTM
{spot}(FTMUSDT)
/USDT is currently trading at $0.9850, reflecting a modest daily gain of 0.53%. After hitting a 24-hour low of $0.9511, the token is displaying signs of recovery, testing resistance levels. The RSI at 43.68 suggests the market is leaning toward the oversold zone, potentially setting the stage for a rebound.
Over the last 30 days, FTM has gained an impressive 38.99%, with longer-term metrics like the 90-day increase of 49.04% and 180-day rise of 64.60%, showcasing its solid growth trajectory. The MACD, however, indicates weak bearish momentum, warranting cautious optimism. Watch for a key resistance breakout near $1.1008 to confirm upward momentum, with support at $0.9555 as the safety net.
#FTM #CryptoSignals #DeFi #MarketUpdate