$FTT
š FTT/USDT Analysis ā Current Price: $2.8660 š
FTT/USDT is currently navigating a crucial phase, with potential opportunities on the horizon. Letās break down the key levels and strategy to make the most of this trade:
š¹ Key Support: The immediate support level is at $2.80. This area has shown resilience in the past, acting as a solid foundation for potential upward movement.
š¹ Resistance Zone: The major resistance lies at $3.00. A break and close above this level could unlock further bullish momentum toward $3.20 and higher.
š Entry Strategy:
Bullish Entry: Watch for a potential pullback to $2.80-$2.85, followed by a bounce with increasing volume. A solid confirmation of upward movement could be your cue to enter.
Target Levels: First target is $3.00, with the next significant resistance around $3.20. If momentum remains strong, consider higher targets.
Stop-Loss: Keep a tight stop just below $2.80 to minimize risk.
ā ļø Risk Management: Stick to a risk-reward ratio of at least 3:1. Never risk more than 2-3% of your portfolio on a single trade.
š Momentum Insight: Watch for volume spikes and 4H candle closes above $3.00. A break above this resistance would signal further upside, possibly towards the next resistance at $3.20.
FTT is at a critical junctureācapitalize on potential moves while adhering to a disciplined trading approach! šš„
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