50% Bounce Off Lows, Recovery Soon?

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Hello traders, today I’d like to discuss my analysis on FTMUSDT.

FTM’s price recently fell from 2.15 to 1.86. Since then it has recovered 50% from its February 2nd low. Should price turn support near this range, we anticipate a move towards the Supply Zone (2.07-2.10)

FTM has bottomed and broken out of the consolidation phase with that resistance line breakout.

So be ready!!!!

This trend analysis is not to be taken as financial advice; always do your research.

Questions are welcome in the comments below.

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トレード終了: 利益確定目標に到達
Pulled back to Demand Zone for a nice pop off of support. Target reached.
FTMFTMUSDTTrend Analysis

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