๐ $FTM /USDT Technical Analysis โ 4H Chart ๐
Current Price: $1.4031
24H High: $1.4322 | 24H Low: $1.3401
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๐ข Long Trade Setup:
Entry Zone: $1.4050 โ $1.4200
Target 1: $1.4500
Target 2: $1.5000
Stop Loss: $1.3800
Reasoning:
FTM has shown strong upward momentum, approaching a key resistance near $1.4500. A breakout above $1.4200 could signal continuation toward $1.5000.
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๐ด Short Trade Setup:
Entry Zone: $1.3950 โ $1.3800
Target 1: $1.3400
Target 2: $1.3000
Stop Loss: $1.4200
Reasoning:
If FTM fails to hold above $1.4000, a pullback toward lower supports at $1.3400 and $1.3000 could occur. Look for volume confirmation for bearish momentum.
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๐ Key Levels to Watch:
Resistance: $1.4500 | $1.5000
Support: $1.3800 | $1.3400
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๐ฎ Prediction:
A bullish breakout above $1.4200 could push FTM to test $1.4500 and $1.5000.
A breakdown below $1.3800 may result in bearish pressure toward $1.3400.
โ ๏ธ Manage Risk: Always use stop-loss orders and follow your risk management plan. ๐
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