šØ $FTT /USDT ALERT: Momentum Building Toward a Big Move! šØ
$FTT is trading at $2.5339, up 5.30% in the last 24 hours. The price surged after touching a low of $2.1200, now consolidating below the recent high of $2.6989. The market is showing strong bullish potential. Here's the technical outlook:
Key Levels to Watch:
Resistance: $2.6989
A breakout above this level could signal continued upward momentum, potentially leading to significant gains.
Support: $2.3033
This level is crucial to maintain the current bullish structure. A drop below could indicate a pullback toward lower levels.
š Targets for the Next Move:
1. $2.8500 ā First breakout target on bullish continuation.
2. $3.0000 ā Psychological resistance level; a strong move could push toward this mark.
3. $3.2500 ā Extended bullish target on sustained momentum and high trading volume.
ā ļø Risk Management:
Stop-loss: $2.3390
To minimize downside risk in case of a reversal.
Analysis Summary:
FTT is showing signs of bullish momentum with significant potential for further upside. However, failure to break above resistance could lead to consolidation or a pullback toward support.
Stay alert for volume surges or rejection signals at critical levels to time your trades effectively.
