FTM Long Position (Support Test Opportunity)
Market Context: FTM has retraced to test the upper range of support, providing an opportunity for a long spot trade.
Trade Setup:
Entry: Ladder into a long spot trade at around $0.45 on the retrace.
Take Profit:
First target: $0.54 - $0.63
Second target: $0.75 - $0.85
Stop Loss: Just below $0.38
đź“Š This setup leverages the support retest for potential gains with clear profit targets and risk management in place. #FTM #CryptoTrading #SupportTrade
Trade Setup:
Entry: Ladder into a long spot trade at around $0.45 on the retrace.
Take Profit:
First target: $0.54 - $0.63
Second target: $0.75 - $0.85
Stop Loss: Just below $0.38
đź“Š This setup leverages the support retest for potential gains with clear profit targets and risk management in place. #FTM #CryptoTrading #SupportTrade
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