ππ FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! πΉπ
π Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop losses.
Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60.
π Trade Strategy:
Scenario 1: Entry after breakout confirmation.
Scenario 2: Entry on retracement and retest.
Risk Management: Tailored stop losses for each scenario.
Take Profit: Targeting next resistance levels.
π¨ Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! ππ #FTM #TradeAnalysis #Cryptocurrency ππΉ