📉📈 $FTT Making Waves – Comeback or Just a Spike? 🔥
$FTT just delivered a jolt — soaring from $1.1059 to a sharp peak of $1.3380 before settling around $1.2064, up +5.33% on the day.
📊 Quick Analysis (1H Chart):
Big bullish candle shows strong buying pressure with a huge spike.
Price is now consolidating near $1.20 after rejection at $1.33 resistance.
If $1.20 holds, FTT could attempt another run — but a break below $1.19 risks a retrace back to $1.14 or lower.
🔍 Key Metrics:
24h Volume: Modest but active — 6.73M FTT and 8.28M USDT
Volatility: Still high — big swings from $1.1059 to $1.3380 in less than 24 hours.
Order Book Pressure: Bears slightly stronger — 59.69% sell-side vs 40.31% buy-side 📉
Short-Term Momentum: Today up +6.77%, but recent recovery is battling long-term bearish trend:
90-day: -38.20%
180-day: -35.58%
1-year: -27.96%
📌 Support & Resistance Levels:
Support: $1.14, $1.105
Resistance: $1.24, $1.29, $1.33
⚠️ What to Watch:
Volume confirmation: Can buyers sustain interest above $1.20?
Psychological zone: $1.30+ is heavy — might need news or sentiment boost to break through.
💬 Final Word: $FTT has lit a short-term fire, but it’s still under monitoring — speculative caution is advised. Watch for sustained volume and trend shift before calling a full comeback.
📢 Disclaimer: Not financial advice. DYOR before any trade. Market swings can be fast and unforgiving. 🛡️