Technical analysis by Z4F4R about Symbol S: Buy recommendation (6/18/2024)

Fantom (FTM) bulls may be catching their breath after a recent price dip. FTM found support at $0.80 on the daily timeframe chart, following a fall from a high of $1.22. If FTM breaks above the current resistance, key levels to watch include:First Resistance: $0.94 - A successful breakout above this level could indicate further bullish momentum.Second Resistance: $1.023 - Surpassing this resistance could be a significant step towards revisiting the previous high of $1.22.Price fallen after my second resistance prediction $1.023Find support on daily trend line pattern at $0.57 Price will be back-and-forth range between $0.60 to $0.80 (as $0.72 > $0.80 resistance)FTM is exhibiting positive indicators, with a breakout above $0.94 potentially driving the price to $1.90.Bullish or bearish? The price is currently at weekly support and could rebound if the cryptocurrency market exhibits a high net inflow.As outlined in my previous post, I demonstrated that if the support price of $0.62 failed, it would drop to between $0.50 and $0.48. The support target of $0.48 has been reached.