$FTT

🚀 FTT/USDT Technical Analysis: Is Momentum Building?

FTX Token (FTT) is trading at $3.0119, showing a solid 6.38% gain over the past 24 hours. With price action heating up, traders are eyeing key levels to determine the next big move.

Key Levels to Watch

🔑 Support:

$2.67: A critical zone where buyers have consistently stepped in to defend the price.

🔑 Resistance:

$3.03: The intraday high, and a breakout above this level could spark bullish momentum.

Entry Strategy

📈 Conservative Approach: Wait for a breakout above $3.03, which would signal the start of an uptrend. Target higher levels with a stop-loss below the breakout zone.

📉 Aggressive Approach: Enter near the support level of $2.67, capitalizing on potential dips, while setting a tight stop-loss to minimize risks.

With the RSI sitting in the neutral zone and the MACD showing cautious signals, the market is in a balancing act. A breakout above resistance could lead to a strong rally, while a break below support might open doors to further downside.

Are you ready to ride FTT’s next wave? Stay sharp and trade smart! 🌟

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