$FTT Trading at $1.0677 – Consolidating After a Dip, Seeking Direction
FTT is currently trading at $1.0677, consolidating after a recent price dip from higher levels. The price is hovering around immediate support, and its ability to hold here will determine if a bounce is possible or if further downside correction is likely.
Key Levels:
Resistance: $1.0700 (immediate), $1.0850 (24h High, stronger resistance)
Support: $1.0649 (immediate, recent low), $1.0494 (24h Low, stronger support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move and sustained trading above $1.0700 could target:
Target 1: $1.0750
Target 2: $1.0850 (24h High)
Bearish Entry: A break below $1.0649 could target:
Target 1: $1.0550
Target 2: $1.0494 (24h Low)
FTT/USDT is at a pivotal point. A decisive break above $1.0700 could signal a recovery, while a sustained slip below $1.0649 might lead to a deeper retracement.