šØ $FTM /USDT Trading Signal ā High-Impact Opportunity Alert! š„
Current Price: $1.1271
Change (24h): -11.90%
24h Volume: 173.95M FTM / 208.16M USDT
24h High: $1.3634
24h Low: $1.0558
$FTM (Fantom) is currently trading in a volatile zone, making it a great opportunity for traders to capitalize on potential moves. Letās break down the action and key levels you need to watch!
š Key Levels to Watch
Immediate Resistance: $1.1500 ā A crucial level for potential upward movement.
Strong Resistance: $1.2500 ā A higher resistance that could trigger a more substantial rally.
Major Support: $1.0500 ā A key support level that must hold to avoid further downside.
š Performance Overview
Today: -1.43% ā A minor dip, offering potential buying opportunities.
7 Days: -9.07% ā A short-term retracement after recent highs.
30 Days: +55.98% ā Strong growth, suggesting bullish momentum.
90 Days: +74.75% ā Solid performance, reinforcing long-term bullish sentiment.
6 Months: +96.31% ā Excellent growth over the mid-term.
1 Year: +176.52% ā A remarkable performance, establishing FTM as a strong asset.
š” Trading Strategy
Bullish Scenario
Entry Point: Look for confirmation above $1.1500 for a potential long position.
Target 1: $1.2500 ā A key resistance level for taking profits.
Target 2: $1.3500 ā Another potential upside target.
Stop-Loss: $1.0500 ā Keep your risk in check with a defined stop-loss.
Bearish Scenario
Support Breakdown: If the price drops below $1.0500, further downside could follow.
Target for Shorts: $1.0000 ā A critical support level in case of a deeper pullback.
š„ Why This is a Great Opportunity
$FTM has demonstrated strong performance over the last month (+55.98%) and three months (+74.75%), with solid gains over the past year (+176.52%). If the price confirms above $1.1500, we could see another bullish leg ahead.
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