$FTT

/USDT Technical Analysis & Trade Signals

Current Price: $3.57

Trend: Bullish (13.12% increase in the last 24 hours)

Key Levels

Support: $3.1000 (24h low)

Resistance: $3.6720 (24h high)

Technical Indicators

Moving Averages:

MA(5): 219,588.77

MA(10): 348,450.77 (suggesting increasing buying pressure)

Volume: 7.00M FTT traded in the last 24 hours, indicating healthy liquidity.

Trade Signals & Targets:

1. Bullish Scenario:

Entry: $3.57 (current price)

Target 1: $3.6720 (24h high)

Target 2: $3.80 (next resistance level)

Target 3: $4.00 (psychological resistance)

Stop Loss: $3.25 (below support)

2. Momentum:

The strong move above $3.50 suggests upward momentum.

Watch for confirmation if the price breaks above $3.6720; it could signal further bullish continuation.

Conclusion:

Bullish Momentum: The current price and volume suggest upward movement. Trading is favorable for short-term buys.

Risk: Volatility in the market means keeping an eye on support at $3.1000.

Always ensure proper risk management when trading.

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