$FTT /USDT Technical Analysis and Trade Signal
Current Price: $3.2763
24h High: $3.2950 | 24h Low: $3.1000
Price Action: The price is currently in a slight uptrend (+2.55%) from the previous 24-hour low, indicating bullish momentum.
Key Support and Resistance Levels:
Support Level: $3.1000 (Strong buying interest)
Resistance Levels:
$3.2950 (Recent 24h High)
$3.3048 (Near-term resistance)
Momentum Indicators:
The current momentum is bullish, as the price is trending higher, and the current price is above the 24-hour low. The uptrend is supported by relatively strong trading volume.
Trade Signal:
Buy Signal: Enter around $3.2750 - $3.2850, considering the current bullish trend.
Stop Loss: Set a stop at $3.1000 to limit risk in case of price reversal.
Target Levels:
First Target: $3.30
Second Target: $3.35
Third Target: $3.40
Momentum:
Bullish Momentum: The price has been steadily climbing, and a break above the $3.30 resistance could trigger further upward movement, with potential to reach $3.40.
Summary:
Monitor for an entry near $3.2750, with targets set at $3.30, $3.35, and $3.40. A stop loss around $3.10 ensures protection if the trend reverses.
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