$FTT /USDT Technical Analysis & Trade Signal

Current Price: $3.27 (-6.58%)

Trend: Bearish (Short-term)

Support & Resistance Levels

Immediate Support: $3.26

Next Support: $3.10

Immediate Resistance: $3.53

Key Resistance: $3.65

Momentum Indicators

RSI: 34 (Oversold, potential for rebound)

MACD: Bearish crossover, selling pressure dominating

Volume: Increased selling pressure, reflecting bearish sentiment

Trade Setup

Entry Zone: $3.20 - $3.27 (Wait for confirmation near support levels)

Targets 🎯

1. Target 1: $3.45 (Short-term resistance zone)

2. Target 2: $3.53 (Previous 24h high)

3. Target 3: $3.65 (Key resistance level, momentum dependent)

Stop Loss

$3.10 (Below strong support zone)

Momentum

Bearish Momentum: Active below $3.26

Bullish Reversal Potential: If price breaks above $3.45 with strong volume

Note: Traders should monitor price action near the support and resistance levels and adjust targets based on market sentiment.

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