Price Correction from the Resistance Zone

FTM is currently near the $0.40 to $0.42 resistance zone. This zone acts as a critical resistance in the chart, and a price correction from this area towards lower levels is possible.

Potential Scenarios:

Price Correction from the Resistance Zone:
If the price fails to break through the $0.40 to $0.42 resistance zone, it is likely to move towards the $0.35 support level. This support level can act as a key point for a potential price rebound.

Breaking Resistance and Continuing the Uptrend:
If FTM can break through the $0.42 resistance and stabilize above it, this move could signal the continuation of the uptrend, with the price moving towards higher levels.