Technical Analysis for $FTT
Bull Run 🚀🚀🚀
Current Price: $3.72
Trend: Neutral to Bullish
Support Level: $3.36 (24h low)
Resistance Level: $3.78 (24h high)
Key Indicators:
RSI: Approaching 60, indicating moderate bullish momentum.
MACD: Bullish crossover, suggesting upward movement.
Moving Averages: Price is above the 50-period MA, indicating a short-term bullish trend.
Trade Signal:
Buy Signal: Consider buying near the current price of $3.72 if the price stays above $3.70, targeting a continuation of the upward momentum.
Target Levels 🎯:
1. Target 1: $3.80 (near resistance, first target)
2. Target 2: $3.90 (next resistance zone)
3. Target 3: $4.00 (psychological round number)
Trade Momentum:
Bullish Momentum: Current indicators show upward momentum. Watch for price to maintain support above $3.70.
Stop-Loss: $3.55 (below recent support to manage risk)
Monitor price action closely, especially around resistance levels. If the price reverses below $3.70, reconsider the position.
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