🚀 $FTT
/USDT Soars – Is This Just the Start of a Major Rally? 🔥
📊 Current Price: $2.4446 (+11.49%)
📍 Key Price Levels:
Support: $2.30 - $2.20 (Strong buying zone)
Resistance: $2.50 - $2.55 (Breakout levels to watch)
📈 Bullish Scenario:
FTT has just made a significant move, breaking out with impressive volume and showing a parabolic upward trend. If it can maintain levels between $2.45 and $2.50, expect additional momentum to push the price towards $2.60 and beyond.
Entry Opportunity: Consider entering between $2.40 and $2.45 during a pullback
Take Profit Targets:
Target 1: $2.55
Target 2: $2.70
Target 3: $2.85+
🔻 Stop Loss: Below $2.30 for risk management
📉 Bearish Scenario:
If the price faces resistance and gets rejected above $2.50, it could retrace back toward the $2.30 - $2.20 range. Keep an eye on potential sell signals if this resistance holds firm.
Short Entry: Consider shorting between $2.45 - $2.50 if rejection is confirmed
Take Profit Targets for Shorts:
Target 1: $2.35
Target 2: $2.25
Target 3: $2.10
🔻 Stop Loss for Shorts: Above $2.55
🚨 Market Sentiment: The price action of FTT is currently on fire! A strong close above resistance could trigger further bullish movement, while any rejection may offer a chance for a retest, potentially opening up short opportunities.
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