Can Fantom retain its bullish trajectory despite market fluctuations?

Fantom was trading beneath a bearish breaker block at $0.66 but the momentum and volume of the past few days meant a breakout was likely.

The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year.saw a strong increase in its trading volume a week ago, and this trend has only strengthened in the past few days. Increased activity on the Fantom network with

The indicator’s +DI and ADX were both above 20 to show the uptrend was significant. The Awesome Oscillator reflected the bullish momentum of the past week that saw Fantom post 44.7% gains in four days before a minor pullback from $0.683 to $0.633. The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year. A break and retest of the $0.66 zone should offer swing traders a buying opportunity.The liquidation heatmap outlined a large pool of liquidity that extended from $0.546 to $0.626. During the rally of the past week, this zone was swept and price began to consolidate around the $0.63 area.

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