$FTT – SHORT-TERM BEARISH PRESSURE BUILDING
$FTT is showing weakness after failing to sustain above the 0.7850 zone. The price formed a lower high and rejected from the short-term resistance, signaling potential continuation toward the lower support area. Sellers are maintaining control as each bounce faces quick rejection near intraday resistance levels.
Trade Setup:
Short Entry: 0.778 – 0.782
Target 1: 0.770
Target 2: 0.762
Target 3: 0.755
Stop Loss (SL): 0.790
Market Outlook:
If the price breaks below 0.775 decisively, bearish momentum could accelerate toward 0.76. Bulls need a strong recovery above 0.785 to invalidate this short-term bearish setup.