#FTMUSDT, The falling wedge pattern that we've been tracking is edging closer to a breakout above the descending resistance this could be the moment we’ve been waiting for!

he key resistance at $0.5500. If #FANTOM can hold steady at this level, we could see a powerful bullish rally, mimicking past upward trends. But, be cautious: if momentum falters, #FTM may drop, with a possible bullish rebound from the lower demand zone around $0.25.

#FTMUSDT After a downtrend and breaking the downtrend, it has done well to advance and also reacted well to the movement of the 0.618 Fibo range and can expect growth from here.

The targets are clear in the chart.

#FTMUSDT Fantom has two support ranges in the daily time frame. If it is supported, we can see the start of its upward movement.

Also, near the support limit, we have two upward trendlines that can strengthen the support. The prices that can touch in case of rising are 08234 - 1.2148. But if it cannot be supported and the support ranges are broken, we should see its decline

🔴 Resistance Line

🟢 Support Line

#FTMUSDT has finally broken out of a descending channel, thanks to a solid push from the bullish order block at $0.5700. While this could mark a potential turning point, we’re not in the clear just yet.

For this rally to truly gather momentum, #FTM must break above the critical Bearish between $0.935 -$1.177 , which previously acted as support. If bulls can push it past this level, we could see a stronger move toward the next significant resistance, signaling bulls might be taking charge.

However, if this momentum stalls, watch for a pullback to retest the breakout zone around $0.4750. A failure to hold this support could trigger a move back to the lower demand zone at $0.3100.