$FTT

/USDT: Short Trading Opportunity!🔥💯

📉 Market Analysis:

The price is following a clear descending channel, confirming a strong downtrend. The current price action near $3.4448 suggests the possibility of additional bearish momentum.

✍️ Trading Plan (Short Position):

1️⃣ Entry Point:

• Open a short position at $3.4400 after confirming a bearish candle below the channel's midline.

2️⃣ Stop Loss (SL):

• Place a stop loss at $3.5200 (above the upper channel border for safety).

3️⃣ Take Profit (TP):

• TP1: $3.3700 (lower channel border).

• TP2: $3.3000 (if the price breaks below the channel).

📊 Risk Management:

• Risk to Reward Ratio: ~1:3 (High Reward vs. Manageable Risk).

• Always position size correctly: Don’t risk more than 2% of your capital on this trade.

✍️ Pro Tip:

• Look for RSI divergence or bearish volume spikes to verify the setup.

• Avoid opening trades during high-impact news events to minimize volatility risk.

Stay focused and disciplined for maximum profitability