Let’s not kid ourselves - this was very exciting.
Just achieved $FTT a smooth move, rising from $1.10 to $1.33, and now settling around $1.22 (+8.12%). The candle was promising, but now the real test begins...
Here’s what caught my attention:
Support bounce at $1.1059 - normal move, but reaching $1.3380 seems like an attempt to attract liquidity.
Trading volume is strong: 8.03 million FTT shares traded - not a small change.
But the order book? 57% sellers versus 43% buyers. This shows some hesitation.
Short-term signal?
The last green candle looks like bulls trying to recover from a sharp drop. If we see stability above $1.20, it may pave the way for a new breakout - but caution is key here.
Overview:
Up +43.97% over 30 days
Still down over -37% over 90 days
This is not a reflection of the trend yet - just a potential bounce opportunity.
What I recommend to watch:
A clear breakout above $1.25-$1.27 = entry point
Rejected at a resistance level? It may retest $1.15 or lower
It only pays off if you enter wisely, not out of desperation.
No ceiling, no noise:
Please do not be fooled by those who claim "buy now at ten times the incoming price". They are guessing and betting on others' hopes. Want to win? Read the chart, not the noise.
Disclaimer: This is not financial advice. I share insights based on the charts, not dreams. Do as you please. Always.