FieryTrading

🔥 FTM Close To Major Support: Bounce Possible

Long
BINANCE:FTMUSDT   Fantom / TetherUS
FTM has seen a major bullish move over the last few weeks. In my last analysis I argued that the $0.58 resistance area is the mean area to beat for FTM in order to continue to the current all time high.


In the end, $0.58 held and the price saw a strong bearish move. My main area to watch and go long is the red area of support between $0.38 and $0.41.
Main target is the $0.58 resistance.

Happy trading!

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