🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025. Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support. Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750. Stop Loss: Scenario-specific stop losses. Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60. 📈 Trade Strategy:
Scenario 1: Entry after breakout confirmation. Scenario 2: Entry on retracement and retest. Risk Management: Tailored stop losses for each scenario. Take Profit: Targeting next resistance levels. 🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! 🔄🚀 #FTM #TradeAnalysis #Cryptocurrency 📊💹