$FTT /USDT STRUGGLING TO HOLD GAINS — WATCH FOR VOLATILITY NEAR $1.20 ZONE!
$FTT spiked to $1.2654 but faced immediate rejection, retracing toward the $1.20 mark. After a deep pullback, price is attempting to recover slightly but lacks strong momentum. Consolidation around $1.2050 suggests uncertainty — a breakout in either direction is possible soon.
Trade Setup (Short Bias):
Entry Zone: $1.2100 – $1.2200
Take Profit (TP): $1.1850 / $1.1600 / $1.1400
Stop Loss (SL): $1.2320
Market Outlook:
Bulls are losing steam after the initial spike. Lower highs and wicks at the top indicate seller pressure. If $1.20 fails to hold, a sharp correction may follow. Caution advised — wait for confirmation before entry.
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