💎FTM has been tracing a downward channel for approximately a month, signaling a bearish trend. a bullish scenario could unfold if a breakout takes place.
💎If successfully breaks free from the channel, it could signify a change in market sentiment and the onset of a bullish phase.
💎High demand implies substantial buying interest in the token, which could potentially elevate its price.
💎When its price crosses above its EMA 20, it's seen as a bullish signal. This crossover suggests a potential transition from a bearish to a bullish phase.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!