$FTM

here is a technical analysis for the next 12 hours for FTM/USDT :

1. Price Action and Support/Resistance Levels:

The current price is around 0.6633 USDT, showing a recent rebound after reaching a low of 0.5850.

Immediate resistance appears near 0.6744 (EMA 25) and 0.6859 (EMA 99). If the price breaks above these EMAs, there could be further bullish momentum.

Support lies around 0.6402, the 24-hour low. If the price falls below this, it may indicate further downside potential.

2. Moving Averages (EMA):

EMA(7) is below EMA(25) and EMA(99), which signals a bearish short-term trend. However, the recent uptick in EMA(7) suggests a potential reversal or consolidation phase.

3. Volume and OBV:

Volume has spiked recently, indicating strong interest at lower levels. The OBV line, though declining slightly, suggests that selling pressure is present but may be weakening.

4. MACD and KDJ:

The MACD (Moving Average Convergence Divergence) histogram shows a slight increase, indicating a potential bullish crossover. If the signal line crosses upward, it may signal further buying interest.

The KDJ indicator shows that the %K line is rising but remains below the %D line. This suggests the price may move sideways or have limited upward movement until a stronger crossover.

5. Conclusion:

In the next 12 hours, FTM/USDT could see some sideways movement or a mild upward retracement toward resistance levels, especially if it breaks above the immediate EMA resistance lines.

If the price fails to break above these EMAs, it could re-test support levels around 0.6402.