🚀 $FTT Regaining Momentum – Opportunity on the Horizon! 🚀
$FTT is trading at $2.8796, showing an intraday gain of +5.93%. The hourly chart highlights a recovery phase, with prices bouncing from the lows and attempting to reclaim the $3.00 psychological resistance.
Key Levels:
Resistance: $3.00 (Immediate), $3.10 (Next Target)
Support: $2.80 (Critical Zone)
Suggested Trade Setup:
Entry Point: $2.8800
Target 1: $3.00
Target 2: $3.10
Stop-Loss: $2.75
Analysis:
FTT’s recent upward price action reflects strong buying interest near $2.80, forming a solid support level. A successful breakout above $3.00 could trigger a push toward $3.10, creating an excellent short-term opportunity for traders.
Recommendation: Enter near $2.8800, target quick profits at $3.00, and hold for $3.10 if momentum sustains. Use $2.75 as a stop-loss to minimize risk. Watch for price consolidation near the $3.00 mark, which could indicate further continuation or rejection.
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