$FTT /USDT – Short Opportunity After Parabolic Spike! 🚨
Current Price: $1.0874
24H High/Low: $1.2500 / $0.9461
Status: Breakdown below local support — momentum fading fast
Short Trade Setup:
Entry Zone: $1.09 – $1.11 (ideal retest level)
🎯 TP1: $1.03
🎯 TP2: $0.98
🎯 TP3: $0.94
🛑 Stop Loss: $1.16
Key Insights:
Heavy sell-off after vertical move to $1.25
Bearish structure forming lower highs
Volume drying up — strong indication of exhaustion
Pro Tip:
If price retests the $1.10 zone without reclaiming $1.12, it’s a great confirmation for short scalps. Watch for wick rejections!
Stay disciplined. Momentum flips fast — manage risk tightly!
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