#FTT Buying and Selling Strategy

Support and Resistance Levels:

Resistance Level: 1.8018 USDT

Support Level: I don't see any obvious support level on the chart yet, but considering the recent lows, a support level could form around 1.55 USDT.

Purchasing Strategy:

Buying at Support Level: You can buy near the 1.55 USDT level. This level is close to the recent low prices and could be a potential support level. Buying After Breaking the Resistance Level: If there is a strong break above the 1.8018 USDT level, you can buy above this level. In this case, the resistance level may turn into support and the upward movement is expected to continue.

Selling Strategy:

Sell ​​Near Resistance Level: If the price approaches the 1.8018 USDT level, you can place a sell near this level. This could be a safety measure against the possibility of a reversal from the resistance level.

Take Profit Points: If the price breaks above the 1.8018 USDT level, you can wait for the price to rise until the next potential resistance levels. You can continue the analysis on longer time frames (for example, on daily charts) to identify these levels.

Risk management:

Stop-Loss Level: After buying, you can place a stop-loss order slightly below 1.55 USDT to minimize your loss in case the price drops further.

Risk-Reward Ratio: Consider the risk-reward ratio in every transaction for risk management. For example, if you are buying at 1.55 USDT, you can achieve a 1:2 risk-reward ratio by placing a stop loss at 1.45 USDT and selling at 1.80 USDT.