As most altcoins follow the path of Bitcoin FTM fell 25% this week due to Bitcoins price drop. The levels now are very oversold on the 1hr time frame, at the 10 levels. The price has fallen to a key support area that FTM has respected before, at the $2.05 area. As long as Bitcoin/Ethereum’s price doesn’t drop drastically and finds stability, a long at this level seems appropriate. The target for this trade is at the recent high of $2.40 which is a 20% gain. The stop-loss area for this trade is at around the $1.76 level.