technical analysis post for Binance:
/USDT Technical Analysis 📊
The FTT/USDT pair has been showing some promising movements, and it's time to dive into the key targets for the upcoming trading session. Here's a breakdown of the current trend and three critical price levels to watch for:
Current Price: $3.71
24h High: $3.7835 | 24h Low: $3.3635
🔵 Target 1: $3.85
FTT has been approaching the upper range of its recent price action. If the bulls can push above $3.80, we could see a move towards the $3.85 resistance level. This could signal further bullish momentum, potentially leading to more upside.
🟢 Target 2: $3.75
The $3.75 level has shown to be a strong support zone, providing buyers with a solid entry point. If the market retraces slightly, watch for a bounce off this level to continue the upward trajectory.
🔴 Target 3: $3.36
On the downside, the $3.36 level presents a key support zone. If the price moves lower, this could be an area where the price stabilizes and forms a base for potential recovery.
🚀 Watch for Breakouts!
FTT/USDT is at a crucial juncture—buyers and sellers are eyeing these key levels. Watch for any breakouts or rejections around these targets to guide your next move.
Happy trading, and stay tuned for more updates! 📈