FTM | Bears Are Taking Control of The Price

FTM | Bears Are Taking Control of The Price

During the last hours, it looks like the bears are taking control of the price.

We can see a solid 4-hour candle that already closed below the structure.

The chances are very high that it can move down further if the resistance area located
near 0.4430 will stop the price from rising more.

Next support and target zone should be near 0.390 and 0.33

Thank you and Good Luck!