MyCryptoParadise_Simon

Focus on FTM : Breakout on the Horizon with Rising Momentum

Long
BINANCE:FTMUSDT   Fantom / TetherUS
💎Yello Paradisers! Prepare yourselves for an exciting journey with FTMUSDT. We've identified a successful exit from the descending channel, laying the foundation for a likely bullish rise.

💎Based on our previous evaluations, we observed the transformation of demand into supply, with FTM making contact with the lower channel support.

💎Currently, the notable volume in VRVP is hinting at a potential upward journey shortly. Surpassing the monthly resistance is expected to strengthen this upward momentum.

💎On the other hand, if the price penetrates the 0.1707 level, it may escalate the bearish momentum, with the price potentially reapproaching the previous support level.

💎Proceed with prudence and apply rigorous stop-loss protocols for trading Fantom. Remain alert to the unfolding market scenarios and stay updated with more insights!

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