$FTT /USDT: Momentum Breakout Trade Setup
1. Entry Point: $3.750 (confirmation above current level)
2. Take Profit Targets:
TP1: $3.900
TP2: $4.050
TP3: $4.200
3. Stop Loss: $3.600
4. Technical Insight: $FTT /USDT shows strong upward momentum, making higher highs and testing resistance levels. A breakout above $3.750 signals a continuation of the bullish trend.
5. Risk-Reward Ratio: Favorable 1:3 setup for short-term gains with controlled risk.
6. Trend Outlook: Strong buying momentum supported by increased volume suggests further upside potential.
7. Volume Confirmation: Watch for a volume surge at $3.750 to validate the breakout.
8. Trailing Stop Suggestion: Move SL to $3.750 after hitting TP1 to lock in profits.
9. Timeframe: Ideal for intraday traders looking for quick price action opportunities.
10. Reminder: Maintain disciplined risk management and secure partial profits at each target.