$FTT

Timeframe: Daily chart
Current Price: $2.53
Resistance Level: Located around $2.75

Scenario 1 (Bullish Breakout):
If FTT manages to break above the resistance level at $2.75, a positive pattern will be activated.
The potential price targets are as follows:

$3.39
$3.79
$5.57

Scenario 2 (Bearish Rejection):
Should the breakout fail, I anticipate that the price might decline to:

$2.3
$1.5

Chart Positives:

The proximity of the exponential moving averages (EMAs): The bullish crossover between the 10-day EMA and the 50-day EMA suggests momentum for further price appreciation.

Chart Negatives:

Hidden Bearish Divergence: Be cautious of this negative signal.Today’s candlestick closure: Pay attention to the candlestick pattern formed today.

Overall, the positive aspects of the chart outweigh the negatives. Keep a close eye on price movements and key levels!

Profitable Trading.

#ftt
#TrendingTopic
#Write2Earn‬
#FTT/USDT