$FTT

/USDT Strong Dip Move Confirm 💯 💫 Ready For Potential Opportunity Again 🔥🎯

Overview:

Current Price: 3.4745 USDT (-8.08%)

24h Range: 3.4220 - 3.8500 USDT

Volume: 7.49M FTT (26.80M USDT)

Trend: Bearish in the short-term, with recent price pullback, but could be setting up for a reversal.

Key Levels:

Support: 3.40 (Immediate), 3.30 (Strong).

Resistance: 3.60 (Immediate), 3.85 (Recent High).

Trade Strategy:

1. Entry:

Long above 3.50, or breakout above 3.60 with volume confirmation.

2. Targets 🎯:

🎯 Target 1: 3.60 (Immediate Resistance).

🎯 Target 2: 3.85 (Recent High).

🎯 Target 3: 4.00 (Psychological Level).

3. Stop-Loss:

Below 3.30 to manage risk.

Momentum Check:

RSI: ~40, indicating possible oversold conditions.

MACD: Negative, signaling short-term bearish pressure, but potential reversal if momentum picks up.

Volume: Decreasing, suggesting a lack of strong bearish continuation.

Tip:

Look for confirmation above 3.50 for a potential reversal, with 3.60 and 3.85 as immediate targets. Tighten stops near 3.30 if the bearish trend resumes.

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