$FTT is in a strong uptrend, with momentum supported by increasing volume and favorable moving averages. Traders can watch for a breakout above $3.92 for a potential rally toward $4.00 and beyond. However, a retracement to the $3.70 or $3.56 support zones might offer better entry points for those looking to buy the dip. Caution is advised for overbought conditions, as a short-term correction may occur.
Support Levels:
$3.70: Immediate support, where the recent pullback was rejected.
$3.56: The 25-day MA acts as a secondary support level.
Resistance Levels:
$3.92: The 24-hour high serves as the immediate resistance level.
$4.00: Psychological resistance; breaking above this level may trigger further bullish momentum.
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