$FTT

/USDT Technical Analysis — Short-Term Bullish Momentum

FTT is showing strong bullish momentum with a +19.86% surge in the past 24 hours, currently trading at $1.1583. After dipping to a low of $0.9461, the price rebounded sharply and reached a 24h high of $1.2500, indicating strong buying interest.

Technical Highlights:

Support Zone: $1.15 (aligned with MA60 at $1.1525)

Immediate Resistance: $1.25

Volume Surge: 24h Vol at 8.55M FTT, signaling increased trader participation.

Short-Term Price Targets:

1. Target 1: $1.25 – Retest of 24h high and short-term resistance.

2. Target 2: $1.32 – If $1.25 breaks, expect momentum to push toward this next Fibonacci resistance.

3. Target 3: $1.45 – A bullish continuation could drive FTT toward this higher consolidation zone.

Outlook:

With rising volume and a bullish candle structure on the 4H chart, FTT/USDT is poised for a potential breakout. Traders should monitor the $1.15 support and $1.25 resistance closely for confirmation.