$FTT /USDT โ Squeeze Formation! Breakout Loading? ๐ฅ
Current Price: $1.2061 (+5.65%)
$FTT is forming a clear descending triangle with strong support holding around the $1.20 zone. Volume is tightening, and volatility compression hints at a possible explosive move soon.
Key Levels:
Resistance: $1.24 โ $1.25 (descending trendline)
Support: $1.18 โ $1.20 (multi-tap demand zone)
Breakout Setup โ High Reward Play:
Entry: On breakout above $1.25
๐ฏ TP1: $1.33
๐ฏ TP2: $1.42
๐ฏ TP3: $1.55
๐ Stop Loss: $1.17
Market Insight:
The triangle is nearing apexโwhale accumulation likely occurring at the base. If the $1.25 resistance breaks with volume, FTT could rally sharply.
Pro Tip:
Wait for a candle close above $1.25 with spike in volume before entering. If it breaks down below $1.18, flip bias to short.
Watch this like a hawkโFTT could ignite a monster move soon!
#CryptoRegulation #BinanceHODLerNXPC #BinanceAlphaPoints #BinanceAlphaAlert #LaunchpadWars
