Here's a sample technical analysis post for Binance, focusing on FTT/USDT with price action and three key target levels:
---
/USDT Technical Analysis – May 4, 2025
FTT is currently trading at $1.0726, showing a solid +3.48% gain on the day. With growing volume and a recent bullish breakout, momentum appears to be shifting upward.
Key Technical Data:
24h High: $1.1091
24h Low: $1.0151
Current Volume (FTT): 2.91M
MA60: $1.0790
Resistance Levels: Watching $1.0855 closely
Moving Averages:
MA(5): 308.00
MA(10): 1,042.33
(Current values likely represent volume or are incorrectly displayed; keep an eye on updates.)
Short-Term Outlook:
FTT has tested resistance around $1.0855 and is holding above the short-term support at $1.0704. A sustained push above the MA60 ($1.0790) could signal continued bullish momentum.
Target 🎯 Levels:
1. $1.10 – First resistance zone; potential for short-term profit-taking.
2. $1.15 – Breakout confirmation level; will require strong volume.
3. $1.22 – Medium-term target if momentum continues and market sentiment supports upside.
Watch Zone:
If FTT fails to hold above $1.0700, we may revisit support near $1.0150.
Keep monitoring volume and price consolidation for confirmation before entry.
#FTT #Binance #CryptoAnalysis #TechnicalAnalysis #Altcoins
---
Would you like this turned into a visual chart post or infographic?