FTM has reached parabolic highs of 1.2 on the first quarter this year after that long hibernation from 2023. From that peak, as with any overheated coin - heavy correction ensues week after week following the market's big red move.
Now, a massive shift has been transpiring this past few days. A break in structure has been spotted. It has broken the ''maximum pessimism'' curve line indicating the first step towards price recovery. Significant price growth will be followed by this elusive break.
Net buying metrics / volume has been surging notably hinting of increased net positioning towards the multiple x growth scenario.
Expect a series of stair ups from this range going forward. Multiple x gain prospect targeting its recent peak at 1.2 zone.
The current price is a definite bargain, an ideal seeding opportunity.
Goodluck.
Spotted at 0.370
TAYOR.