$FTT /USDT 1H Binance Analysis Treding singnal 🚀🔥💯
Current Price: $3.09 (-3.36%)
24h High: $3.34
24h Low: $2.54
Trend Analysis: Price has recently pulled back from the 24h high of $3.34, now trading near $3.09. A potential support level has formed around $2.90, while the next resistance lies near $3.30. The market sentiment is showing bearish pressure in the short term, but there’s a potential for a reversal if price finds support above $3.00.
Trade Setup:
🔵 Long: Entry at $3.00 - $3.10, Targets: $3.30 | $3.40, Stop Loss: $2.85
🔴 Short: Entry at $3.30 - $3.40, Targets: $3.00 | $2.85, Stop Loss: $3.50
Leverage: 5x for optimal risk management.
Risk Management: Be cautious of potential fluctuations; ensure stop loss is placed to protect capital.
Next Move:
Bullish scenario: A bounce off the support at $2.90 could lead to a move toward $3.30.
Bearish scenario: A rejection at $3.30 or a drop below $3.00 could lead to a move lower, testing support around $2.85.
Market Sentiment: The price is under short-term bearish pressure after failing to break $3.34, but a reversal is possible if the support level holds.
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