š Trade Signal: $FTT /USDT | ā³ Timeframe: 1D
šÆ Bias: š„ Bullish (Caution: Overbought RSI)
š Live Price: 1.0945 (±0.5% from entry)
ā” Entry Zone: 1.0900 - 1.0950 (Ideal: Near 1.0920 support)
šÆ Profit Targets: š¹ T1: 1.1050 (+1.0%) | š¦ T2: 1.1200 (+2.3%) | š T3: 1.1500 (+5.1%)
ā Stop Loss: 1.0800 (-1.3%) | š Breakeven: Adjust to 1.0950 at T1 Hit
āļø R:R: 1:3 (Auto-adjusted)
š¬ Market Breakdown
š Pattern: Recovery from All-Time Low ($0.75) + Short-term Uptrend
š¶ Indicators:
RSI(6): 80.62 (Overbought) š but diverging in recent data
MACD: Bullish Crossover (DIF > DEA) āØ
Fib Levels: Key Resistance at 1.10 (23.6% retracement from ATL) š
š Catalysts: Potential FTX Token news post-ATL rebound š
š” Sentiment: Mixed (Retail FOMO vs. Institutional Caution) š vs. š
š”ļø Risk Plan
š Size: 2% Capital (200 Units @ 2x Leverage)
š„ Max Loss: 2% of Portfolio
š Drawdown Hedge: Trailing Stop Loss at 0.5% below recent swing lows
ā ļø Note: Monitor RSI divergence closely; exit early if RSI reverses sharply. Adjust SL to breakeven upon T1 hit to lock in gains.$FTT