$FTT /USDT Technical Analysis & Trade Signal
Current Price: $3.4282
Trend: Bullish Momentum (6.15% Increase in 24h)
Key Levels:
Support Level: $3.10
Resistance Level: $3.67
Current Price: $3.4282
Trade Signal:
Momentum: Strong bullish momentum as the price is trading above the support level of $3.10 with positive movement. The price has recently broken past $3.40, indicating potential further upward movement.
Action: Buy near current price levels with targets towards higher resistance.
Target Levels 🎯:
1. First Target (T1): $3.55
Reason: This level represents a short-term resistance zone. A push here could indicate continuation.
2. Second Target (T2): $3.65
Reason: Approach to the previous 24h high. A break above $3.60 might lead to this level.
3. Third Target (T3): $3.75
Reason: If the upward momentum continues past $3.67, this could act as the next resistance area.
Trade Momentum:
Bullish Momentum: The price is in an uptrend and looks poised to continue its climb. Watch for pullbacks to the $3.35 - $3.40 zone for buying opportunities.
Risk Management: Set stop-loss around $3.10 (below support) to manage risk if the market reverses.
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