$FTT presents a strong buy opportunity as it holds critical support at 1.07, showing resilience despite market fluctuations.** The price has formed multiple higher lows on the 4H chart, confirming accumulation at these levels. What makes this compelling is the bullish RSI divergence developing - prices making equal lows while momentum indicators trend higher, often preceding upside breaks.
The 1.05-1.08 zone now acts as a demand area after three successful tests, with the most recent bounce showing increased buying volume. For optimal positioning, entries near 1.08-1.12 offer favorable risk/reward, keeping stops below 1.03. Initial targets stand at 1.25 (liquidity zone) and 1.40 (measured move from the base).
Order book analysis reveals substantial bids stacking at 1.07, suggesting strong institutional interest. When a token repeatedly defends a level this precisely during market turbulence, it typically signals impending momentum. The tightening range and reducing volatility suggest a decisive move is approaching.