$FTT Consolidation Before Breakout? .........................the answer is given below 👇🏻
Entry Point Suggestion: Enter a long position between $3.6500–$3.7000. This range reflects a consolidation zone with the potential for an upward breakout.
Target Levels:
Target 1: $3.8000 (near-term resistance)
Target 2: $4.0000 (psychological level)
Target 3: $4.2000 (extended bullish potential)
Stop Loss: Place a stop loss at $3.5000 to limit downside risk.
Observation: $FTT has formed a steady pattern of higher lows, indicating gradual buying interest. A breakout above $3.7000 could accelerate momentum toward the next resistance levels. Monitor volume closely for confirmation of the move.