Hello everyone, let's take a look at the 1D FTM to USDT Chart. As you can see, the price has dropped below the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.28, if the support breaks down, the next ones are $ 1.17 and $ 1.04.
Now let's move from the resistance line as you can see the first resistance is $ 1.44, if you can break it the next resistance will be $ 1.56 and $ 1.68.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1D interval, you should be especially careful because we may have a lot of traffic in the near future.