🚀 $FTT Rebounding – A Promising Opportunity Ahead! 🚀
$FTT is currently trading at $2.8943, recording an intraday gain of +5.93%. The hourly chart signals a recovery, with prices bouncing off recent lows and approaching the key $3.00 psychological resistance.
Key Levels:
Resistance: $3.00 (Immediate), $3.10 (Next Target)
Support: $2.80 (Critical Zone)
Suggested Trade Plan:
Entry: Around $2.8800
Target 1: $3.00
Target 2: $3.10
Stop-Loss: $2.75
Analysis:
FTT's recent price recovery showcases strong buying momentum around the $2.80 support level. A breakout above $3.00 could open the door for a rally toward $3.10, presenting a solid short-term trade opportunity.
Recommendation:
Enter near $2.8800, secure quick gains at $3.00, and hold for further upside to $3.10 if momentum persists. Keep a stop-loss at $2.75 to limit risk. Pay attention to price movements near $3.00, as consolidation here could signal the next direction.