$FTT

/USDT Technical Analysis & Trade Signal 🔥💯🚀

Current Price: 3.6888 USDT (+6.36% in 24h)

Technical Indicators:

RSI (Relative Strength Index): Approaching 70, suggesting overbought conditions. Could see a pullback soon if RSI crosses 70.

MACD (Moving Average Convergence Divergence): Showing a bullish crossover, indicating upward momentum.

EMA (Exponential Moving Average): The price is above the 50 and 200-period EMAs, supporting bullish momentum.

Volume: Increasing volume indicates strong buying interest, especially with 24h volume of 27.35M USDT.

Support & Resistance:

Support: 3.4434 USDT (24h Low)

Resistance: 3.8800 USDT (24h High)

Trade Signal:

Trade Momentum: Bullish with strong upward movement, but caution is advised as price nears resistance levels.

Target Levels (🎯):

1. Target 1 (Short-Term): 3.7500 USDT (Immediate resistance break)

2. Target 2 (Mid-Term): 3.8800 USDT (Primary resistance level)

3. Target 3 (Long-Term): 4.1000 USDT (Next major resistance zone)

Trade Suggestion:

Entry: 3.6900 - 3.7100 USDT range (near current price)

Stop-Loss: 3.4400 USDT (Support level)

Take Profit: Consider taking profits at the mentioned target levels (especially Target 2).

Caution:

Monitor for RSI above 70 or a significant reversal at resistance (3.8800 USDT). Consider adjusting stop-loss to protect gains if the price climbs.

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