$FTT /USDT – Sharp Pump, But Rejection at the Top! ⚠️📉

FTT surged +16.45% to a high of $1.25 but faced immediate rejection, forming a strong wick and now consolidating below $1.12. Sellers are stepping in near resistance with declining momentum.

📊 Market Snapshot:

• Current Price: $1.1193

• 24H High: $1.2500

• 24H Low: $0.9461

• 24H Volume: 11.47M FTT

📉 Technical Insight:

Price spiked massively but failed to hold gains. Volume peaked near the top and has since decreased, signaling buyer exhaustion and potential retracement unless bulls defend the $1.10 zone.

🎯 Trade Setup (Short-Biased):

• Entry Zone: $1.12 – $1.14

• Target 1: $1.06

• Final Target: $1.00

• Stop Loss: $1.175

⚠️ Risk Tip: Only short on confirmation of lower highs and rejection candles — use tight stops due to high volatility.

Take Short Trade Here on $FTT

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