$FTT /USDT: Bullish Momentum Trade
1. Entry Point: $3.7500 (confirmation above consolidation zone)
2. Take Profit Targets:
TP1: $3.9000
TP2: $4.0500
TP3: $4.2000
3. Stop Loss: $3.6000
4. Technical Insight: $FTT /USDT is in a strong uptrend, bouncing off higher lows. A break above $3.7500 signals further bullish momentum.
5. Risk-Reward Ratio: Well-positioned for a 1:3 setup, ensuring maximum profitability.
6. Trend Outlook: Bullish continuation supported by strong volume and positive price action.
7. Volume Confirmation: Look for higher buy volume to confirm breakout strength.
8. Trailing Stop Suggestion: Adjust stop loss to $3.7500 after reaching TP1 to protect gains.
9. Timeframe: Suitable for short-term and swing traders targeting quick upward movements.
10. Note: Always manage risk effectively and monitor resistance levels closely.