FTT/USDT Price Analysis and Long/Short Direction Prediction

Current Price 2.7967, FTT has recently shown an overall rebound and correction trend, but the trading volume appears slightly insufficient, entering a consolidation range in the short term.

Key Levels

1. Support Levels:

• 2.50: Recent low point, strong psychological support.

• 2.25: Strong support below, breaking this level may trigger a deeper pullback.

2. Resistance Levels:

• 3.00: Psychological resistance level, breaking through will open up space for further increases.

• 3.50: Previous high point resistance level, considerable pressure.

Long/Short Direction Prediction

• Bullish Direction: If the price breaks through 3.00, the short-term target will look towards 3.50, with confirmation needed on increased volume.

• Bearish Direction: If the price falls below 2.50, it may retest 2.25, requiring cautious handling.

Operation Suggestions

• Short-term Long Position: Gradually build long positions in the 2.50-2.60 range, targeting 3.00, with a stop-loss set at 2.45.

• Short-term Short Position: If a rebound to 3.00-3.10 encounters resistance, a light short position may be attempted, targeting 2.60, with a stop-loss set at 3.15.

Carefully monitor changes in trading volume and market sentiment, and strictly implement stop-loss strategies during operations.