After weeks of decline and consolidation below $1.00, FTT/USDT is starting to show signs of a possible reversal. The technical setup suggests a potential breakout — but is it really ready?
What the Charts Are Showing
🔹 Support is established around $0.86 — the price bounced strongly from this level and has been climbing steadily for two days.
🔹 Short-term moving averages (MA7 and MA25) have been broken to the upside on the 1H and 4H charts. FTT is currently retesting them from above — a key bullish signal.
🔹 Volume remains steady, despite the lack of hype — this points to quiet accumulation.
Potential Scenario
Holding above $0.96 and breaking $1.00
Rally toward the $1.10–$1.20 zone
If the broader market supports it — a potential extension to $1.30+
But There Are Still Risks
Seller pressure remains high (around 64% of orders are sell-side)
On the daily chart, the trend is still bearish until FTT reclaims the 25-day moving average
Final Thoughts
FTT looks like it’s fueling up for a move. A clean break and hold above $1.00 could trigger renewed momentum. However, the $1.10 level remains the real battleground — if bulls conquer it, the trend could flip.
Disclaimer: This is not financial advice. Always do your own research and consider the risks before investing or trading. The market is volatile and unpredictable.
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