FTM Long Position (Oversold Conditions)
Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade.
Trade Setup:
Entry: Long spot position at $0.43 support level.
Take Profit:
First target: $0.50
Second target: $0.60
Stop Loss: Just below $0.40
đź“Š This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
Trade Setup:
Entry: Long spot position at $0.43 support level.
Take Profit:
First target: $0.50
Second target: $0.60
Stop Loss: Just below $0.40
đź“Š This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
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