MyCryptoParadise

FTM/USDT preparing for bullish move after retest?👀🚀 Fantom

Long
BINANCE:FTMUSDT   Fantom / TetherUS
💎 Paradisers, let's focus on #FTMUSDT as it showcases a pivotal market movement. Recently, it has successfully breached a key resistance level, hinting at a possible bullish trajectory following a retest.

💎 #Fantom has impressively broken above the significant resistance at $0.5303. There’s optimism that it will revisit and retest this level, which could serve as a launchpad for a bullish move. Should FTM maintain its strength above this newly established support, it’s targeting the resistance levels of $0.6705 and potentially $0.9714.

💎 Yet, the crypto market is known for its volatility. It’s crucial to have a plan for various outcomes. If #FTM finds it challenging to sustain its position above this support, we may need to adjust our strategy. This could involve preparing for a bullish recovery from a lower support level at $0.4509. A break below this level could be indicative of a shift towards a bearish trend. 🌴💰


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