🚨 $FTT
Price Analysis: Consolidating Amid Volatility! 🚨
$FTT is trading at $3.1693, down 3.57%, after retracing from its 24-hour high of $3.3677. With price consolidating around key EMAs, the token is preparing for its next move.
💡 Key Levels to Watch:
Resistance: $3.3677 – A breakout above this level may lead to a rally toward $3.6780 and potentially $4.0000.
Support: $3.1579 (EMA 25) – Holding above this level is essential to prevent a further decline toward $2.8738 (EMA 99).
📈 Bullish Scenario: If breaks above $3.3677, it could target $3.6780 and $4.0000, supported by increased buying momentum.
📉 Bearish Scenario: A failure to hold $3.1579 might result in a drop toward $2.8738, with further selling pressure testing $2.5000.
📌 Trade Setup:
Entry: Around $3.1693
Take Profit Targets: $3.3677, $3.6780, $4.0000
Stop Loss: Below $3.1579
Monitor for a breakout or breakdown as $FTT nears critical levels!