$FTT /USDT – Speculation Surges Despite Fundamentals 📈

FTT just posted a sharp +5.3% breakout candle, attracting renewed trader interest. While the underlying exchange remains defunct, price action tells a different story.

🔹 Current Price: 1.1504 USDT

🔸 Key Moving Averages:

• MA20: 0.9325 ✅ Broken

• MA50: 0.9048 ✅ Flipped to support

• MA200: 0.8330 ✅ Momentum shift confirmed

🎯 Targets:

1️⃣ 1.4000 – Local resistance

2️⃣ 1.8000 – Psychological level

3️⃣ 2.4000 – Major breakdown zone (Nov 2024)

🛑 Stop-Loss: Below 0.9000 USDT (Risk Management Essential)

Why Monitor $FTT?

• Short-term momentum play ⚡

• Zombie token narrative in play 🧟‍♂️

• Speculative liquidity rotation 💸

⚠️ Disclaimer: FTT is linked to a collapsed exchange. No strong fundamentals – this is a high-risk, purely speculative setup. Trade with caution.

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