$FTT
/USDT Technical Analysis & Trade Signal
Current Price: 2.7776 USDT
Momentum: Bullish, with strong upward movement (+5.73%)
Technical Overview:
Support Level: 2.53 USDT
Resistance Levels: 2.94 USDT (near-term), 3.20 USDT (stronger).
RSI: Likely moving above 60 indicating bullish momentum but approaching overbought territory.
Volume Analysis: High buy-side volume at current levels supports upward momentum.
Moving Averages: Price moving above 50 EMA & 200 EMA, a bullish crossover.
Trade Signal:
Buy Signal – Favorable entry around 2.75–2.78 USDT. Maintain tight stop-loss to protect capital.
Targets 🎯:
1. Target 1 (Short-term): 2.94 USDT
2. Target 2 (Mid-term): 3.15 USDT
3. Target 3 (Extended): 3.40 USDT
Stop-Loss: 2.52 USDT
Monitor volume near key resistance levels. Adjust positions if price fails to sustain bullish momentum or RSI enters oversold range.