$FTT
📉 FTT/USDT Bearish Move Imminent! 🔥 AI Targets $3.05 Soon – Key Levels Inside! 🚨
🔷 COIN NAME/USDT: FTT/USDT
🟩 CLEAR POSITION:
• Market Type: Futures
• Confidence: SHORT with 82% confidence.
• Deep Learning Model Used: LSTM (Long Short-Term Memory) for time-series forecasting.
• Key Influences Considered:
• US500 Index: Slight downward momentum, aligning with bearish sentiment.
• 200 EMA: FTT is trading well below the 200 EMA, confirming a continued downtrend.
♻️ Recommended Leverage: 6x
👉 Entry Zone: $3.270 - $3.290
🎯 Targets:
• T1: $3.230 (-1.5%)
• T2: $3.180 (-2.7%)
• T3: $3.120 (-4.8%)
• T4: $3.050 (-6.8%)
⛔ Stop Loss: $3.400 (3.7% above entry).
📉 IF STOP LOSS TRIGGERS:
1. Reversal Strategy: Transition to LONG position.
2. New Entry: $3.410
3. New Targets:
• T1: $3.460 (+1.4%)
• T2: $3.510 (+2.9%)
• T3: $3.580 (+5%)
4. New Stop Loss: $3.270 (below new support).
🔑 Key Technical Points Supporting Analysis:
1. RSI (Relative Strength Index): At 62, indicating bearish divergence and potential for further decline.
2. MACD (Moving Average Convergence Divergence): Strong bearish crossover confirmed on the 4-hour chart.
3. Volume Analysis: 24-hour trading volume has declined by 8%, showing decreased buying pressure.
4. Fibonacci Retracement: Price rejected at the 61.8% retracement level, suggesting a continuation of the bearish trend.
⏱️ AI Time Prediction to Hit Targets:
• T1: 1-2 hours
• T2: 3-5 hours
• T3: 6-8 hours
• T4: 10-14 hours