$FTT /USDT – STRONG PUMP MET WITH SHARP REJECTION AT $1.25!
$FTT /USDT witnessed a powerful vertical rally from the $0.90 zone to a peak of $1.25, gaining over 38% before facing heavy selling pressure. After hitting this major resistance, a long upper wick formed, indicating rejection and profit-taking. The price is currently consolidating around $1.13 with short-term support holding above $1.11.
Market Snapshot:
Current Price: $1.1308
24H High: $1.2500
24H Low: $0.9461
24H Volume: 11.74M $FTT / 13.09M USDT
Technical Insight:
The hourly chart shows a parabolic move followed by a red candle and a lower high, suggesting short-term exhaustion. If bulls can defend the $1.11–$1.13 zone, another attempt toward $1.19 and $1.25 could be possible. A breakdown below $1.11 might lead to a deeper pullback toward $1.03.
Trade Levels:
Support Zone: $1.11 – $1.03
Resistance Zone: $1.19 – $1.25
Bias: Neutral-Bullish (watch for volume bounce or breakdown confirmation)
Pro Tip: Monitor volume on any rebound. A strong green candle above $1.19 could reignite bullish momentum.
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