The $FTM /USDT pair has been consolidating over the past few hours after a recent upward move. The price is currently trading near the $1.0167 level.
Entry:
Consider entering a long position at the current price of $1.0167.
Resistance & Support:
* Resistance: $1.0826 (24-hour high)
* Support: $0.9306 (24-hour low)
Take-Profit Targets:
* TP1: $1.0500
* TP2: $1.1000
* TP3: $1.1500
Stop Loss:
Set a stop loss at $0.9500.
Caution:
Traders should monitor the market closely for any signs of stability or potential breakout signals.