🔔🔔!! NEW signal: FTM/USDT 🔔🔔

Leverage: 20x

Direction: SHORT 📉

Entry: 0.692-0.695

Stop: 0.72

TP1: 0.679 (25%)

TP2: 0.661 (25%)

TP3: 0.648 (25%)

TP4: 0.632 (25%)

FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle

#doubletop #corrections #FTMUSD