$FTT /USDT – SHORT TRADE SIGNAL AS SUPPORT BREAK LOOMS BELOW $1.05!
$FTT is down -3.44% on the day, currently trading near $1.06 after rejecting the 24h high at $1.1093. Price structure shows persistent lower highs, with growing pressure on the $1.05 support. If this level breaks, a rapid drop to previous demand zones is expected.
Trade Setup (SHORT):
Entry: $1.060 – $1.075
Target 1: $1.020
Target 2: $0.980
Stop Loss: $1.100
Why Short?
The price failed to sustain above $1.10 and is consistently forming bearish candles on the 15m and 1h timeframes. With weak buying volume and downside momentum picking up, FTT looks primed for a short continuation move below support.
Risk Management Tip:
Always wait for a clean break of $1.05 before entering heavy. Protect capital with a firm SL above recent highs — overtrading in chop zones can lead to losses.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
