$FTT

USDT – DEAD CAT BOUNCE? BEARISH REVERSAL BREWING

WEAK FOLLOW-UP AFTER SPIKE

BULLS FAIL TO HOLD ABOVE $1.30

FTT surged from $0.8978 to $1.30 in a single candle, but immediate rejection followed. Price is now consolidating around $1.11 with lower highs forming – a sign of fading bullish strength.

Short Entry: $1.1130

Target 1: $1.0450

Target 2: $0.9600

Stop Loss: $1.1850

Low volume on recovery attempts suggests this move was speculative. Unless bulls reclaim $1.20+, risk leans to the downside.

Wait for confirmation and manage risk strictly.

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