$FTM

Hi dear traders

The price is moving below the 0.7492 support, which was lost with selling pressure.

If the downward trend continues, the price will probably move towards the support of 0.6649. The next support area is 0.6355.

On the other hand, if the price can stay near the support level of 0.7492 and return from this level, we will probably see the price move towards the resistance level of 0.7730.

Overall, the trend of the chart indicates a downward correction.

Let's see what happens

This is not financial advice ( DYOR )

Good luck 👍