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πŸ“ˆ FTM - Testing Range Resistance for Potential Breakout! πŸš€

Long
BINANCE:FTMUSDT   Fantom / TetherUS

πŸ”„πŸ“ˆ FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! πŸ’ΉπŸš€

πŸ“Š 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.
πŸ“ˆ 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.
🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! πŸ”„πŸš€ #FTM #TradeAnalysis #Cryptocurrency πŸ“ŠπŸ’Ή

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