$FTT /USDT Technical Analysis & Trade Signal
Current Price: $3.5262 (up +11.05%)
24h High: $3.6720 | 24h Low: $3.1000
Momentum: Bullish (Price showing strong upward movement with +11.05% increase)
Technical Indicators:
Support Levels:
$3.1000 (recent low)
$3.3077 (minor support zone)
Resistance Levels:
$3.6720 (24h high and immediate resistance)
$3.6987 (potential upper resistance)
RSI (Relative Strength Index): Near or above 60, indicating bullish momentum.
MACD: Confirming upward crossover, signaling bullish momentum.
Trade Signal:
Trend: Bullish continuation expected.
Target Levels 🎯:
1. Target 1: $3.6500 – Break of recent resistance at $3.6720 could lead to a move towards this level.
2. Target 2: $3.7500 – Psychological resistance, if momentum sustains.
3. Target 3: $3.9000 – Major resistance zone.
Trade Momentum:
Bullish Momentum: The price has been steadily climbing with increased volume and strong upward movement. Given the bullish RSI and MACD, the upward trend is expected to continue.
Stop Loss:
Place stop below $3.1000 (support level) for risk management.
Note: Keep an eye on market conditions and adjust accordingly as the price approaches resistance levels.
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