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FTM/USDT 4H Interval - Targets and Resistance

Short
BINANCE:FTMUSDT   Fantom / TetherUS
Hello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving in the local downtrend channel.

Let's start by setting goals for the near future that we can consider:
T1 - $ 0.2305
T2 - $ 0.2350
T3 - $ 0.2394
T4 - $ 0.2456
and
T5 - $ 0.2539

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.2231
SL2 - $ 0.2175
SL3 - $ 0.2129
and
SL4 - $ 0.2084

Looking at the CHOP indicator, we can see that in the 4H range the energy is slowly starting to rise, while the MACD indicator confirms the local downward trend.

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