📉 $FTT /USDT - Downtrend Alert! 📉

Current Price: $3.2771 (-6.53%)

24H High: $3.5338

24H Low: $3.2602

24H Volume: 6.42M FTT

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🚨 Market Insights

$FTT is under selling pressure, breaking below key levels, and signaling a continuation of the bearish trend. Short-term rebounds could offer opportunities for traders, but caution is advised as the downtrend intensifies.

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🔑 Critical Levels to Watch

Resistance Zones:

$3.35–$3.40: Minor resistance for possible short-term recovery.

$3.50–$3.55: Strong resistance, unlikely to break in the current downtrend.

Support Zones:

$3.20–$3.25: Immediate support zone to monitor.

$3.00–$3.10: Potential next level if selling pressure persists.

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Short Trade Setup 💡

🎯 Entry (Short): $3.30–$3.35

🔒 Stop Loss: $3.55

🏆 Take Profit Levels:

TP1: $3.20

TP2: $3.10

TP3: $3.00

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📊 Technical Indicators

MACD: Bearish momentum strengthening, with increased selling volume.

Trend: Lower highs and lower lows signal a clear bearish structure.

Volume: Declining, suggesting weaker buyer interest.

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⚠️ Pro Tip: Manage your risk carefully in this volatile market. Use tight stop-loss orders and monitor support levels for potential rebounds.

💬 Are you shorting $FTT, or do you see a rebound opportunity? Let us know your strategy!

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