$FTT /USDT - Short trading opportunity from the breakdown area
The price has clearly broken the local support level between $0.8860 and $0.8840, and is now confirming a bearish momentum. The price is consolidating below the previous structure with lower highs forming.
Entry price: $0.8860
Target 1: $0.89200
Target 2: $0.9100
Target 3: $0.9220
Stop loss: $0.8800
Risk management: This is a high-risk breakdown trade. Use small position sizes, and always set a tight stop loss. Ideal for short-term traders - do not hold the stock longer than necessary if targets are reached.
Professional tip for followers: Wait for a 15-minute candle close below $0.00205 for additional confirmation before entering strongly. This setup prefers quick execution during volatility.
