$FTT Recovery Wave: Bullish Momentum! 🔥
$FTT is showing a strong bullish engulfing candle after a consolidation dip, hinting at renewed bullish pressure. A short squeeze above $1.10 could be imminent.
*Key Metrics:*
- *Current Price:* $1.0758 (+3.89%)
- *24H High:* $1.0973
- *24H Low:* $1.0151
*Trade Setup:*
- *Entry Zone:* $1.065-$1.080
- *Target 1:* $1.095
- *Target 2:* $1.120
- *Target 3:* $1.150
- *Stop Loss:* $1.035
*Market Analysis:*
The reclaim of the $1.07 range after a fakeout dip is a classic bullish trap. With liquidity likely sitting above $1.10, this setup favors breakout hunters. Watch for volume confirmation above $1.09 to ride the momentum toward $1.15. $FTT's bounce could explode into a rally!