There is a pressure point for requests, just want to collect low-priced chips

$FTT

From the daily chart of FTT/USDT, the current price is stable around $2.85, slightly above the MA(25) moving average, showing signs of short-term stabilization, but there is still significant pressure above.

Key Point Analysis
• Support Level: $2.66 (24-hour low), $2.42 (previous fluctuation low).
• Resistance Level: $2.94 (24-hour high), $3.48 (previous high).

Market Prediction
1. Bullish Trend: If the price can effectively break through the $2.94 resistance level, there may be a chance to further test $3.48 in the short term.
2. Bearish Risk: If it falls below the $2.66 support, it may retrace to $2.42.

Operation Suggestions
• Aggressive Long Position: Enter around the current price of $2.85, target $2.94, stop loss set at $2.66.
• Conservative Long Position: Follow up after the price breaks through $2.94, target $3.48, stop loss set at $2.85.
• Short Position Strategy: If it falls below the $2.66 support, consider trying a short position, target $2.42, stop loss set at $2.85.

The market is quite volatile, so it is recommended to strictly set take profit and stop loss levels to control position risk.