$FTT /USDT – SHARP SPIKE REJECTED FROM $1.25, CONSOLIDATION UNDERWAY

$FTT exploded from $0.9990 to a high of $1.2500, gaining over 25% intraday before facing a strong rejection. The 15-minute chart now shows a choppy structure with lower highs forming, indicating fading momentum and a likely consolidation phase.

Market Snapshot:

Current Price: $1.0912

24H High: $1.2500

24H Low: $0.9461

Volume ($FTT ): 15.19M

Volume (USDT): 17.00M

Technical Insight:

After a parabolic rise, FTT is struggling to hold above the $1.10 mark. Multiple rejection wicks and tight candles hint at indecision. Key support lies around $1.04—losing this may open a move toward $0.99. For upside continuation, bulls need to reclaim $1.15.

Trade Setup:

Entry Zone: $1.06–$1.10

Target 1: $1.15

Target 2: $1.22

Final Target: $1.28

Stop Loss: $1.01

Pro Tip: If price holds above $1.09 on rising volume, a second breakout leg could follow. Avoid entries in chop—wait for directional confirmation.

Buy & Trade Here on $FTT

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