📊 Asset: FTM/USD
📉 Current Price: $0.73 - $0.80 (Support Area)
🎯 Entry Strategy:
Initial Entry: Allocate 50% of capital at the current support level.
Additional Entry: Add remaining capital upon price breaking through $0.80.
🎯 Take Profit Targets:
$0.99 - $1.05
$1.14 - $1.23
🛑 Stop Loss: Just below $0.70
📈 Analysis:
FTM is trading within a supportive range, indicating potential for an upward move.
The trade plan involves scaling in gradually to manage risk and capture potential upside momentum.
Take profit targets are set at key resistance levels, with a tight stop loss to mitigate downside risk.
📊 Risk Management:
Monitor price action closely and adjust stop loss levels if needed.
Remain attentive to market developments and adjust strategy accordingly.
🚀 Trade with Confidence! 🌟 #FTM #LongPosition #TradingStrategy 📈🔥
📉 Current Price: $0.73 - $0.80 (Support Area)
🎯 Entry Strategy:
Initial Entry: Allocate 50% of capital at the current support level.
Additional Entry: Add remaining capital upon price breaking through $0.80.
🎯 Take Profit Targets:
$0.99 - $1.05
$1.14 - $1.23
🛑 Stop Loss: Just below $0.70
📈 Analysis:
FTM is trading within a supportive range, indicating potential for an upward move.
The trade plan involves scaling in gradually to manage risk and capture potential upside momentum.
Take profit targets are set at key resistance levels, with a tight stop loss to mitigate downside risk.
📊 Risk Management:
Monitor price action closely and adjust stop loss levels if needed.
Remain attentive to market developments and adjust strategy accordingly.
🚀 Trade with Confidence! 🌟 #FTM #LongPosition #TradingStrategy 📈🔥