Technical Analysis #FTT/USDT

FTT/USDT is consolidating above the long zone at 2.643,

a key support area that coincides with the 0.786 Fibonacci level,

indicating a potential bounce. The first target is 3.576,

followed by 4.179, and the extended target is 4.794.

A break above the downtrend resistance and strong buying volume

would confirm the bullish momentum.

A stop loss can be placed below 2.643 to manage risk effectively.

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$FTT