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📈 $FTT – Buyers Are Regaining Control After a Strong Bounce
Technical Analysis & Trade Setup:
• Buy Zone (Entry Zone): $0.845 – $0.855
🎯 Profit target:
• Target 1: $0.865
• Target 2: $0.880
• Target 3: $0.900
⛔ Cut loss (Stop Loss): $0.825
After touching the strong support area around $0.81, the price of $FTT has impressively bounced back, indicating that the buying force is returning to the market. On the 15-minute chart, the upward momentum is reinforced by increased trading volume and the formation of a clear short-term bullish structure.
Currently, the price maintaining above the $0.845 mark is a positive signal, indicating that buyers are in control of the situation and have the potential to continue pushing the price towards the resistance zone of $0.86 - $0.90.
Gradually increasing trading volume is an important supporting factor, indicating that confidence in the recovery trend is being strengthened. If buying pressure continues to be sustained, $FTT may soon complete a short-term breakout, opening up attractive profit opportunities for traders looking for quick retracement waves.
💡 Strategy:
Prioritize buying around the $0.845 – $0.855 range, maintain trading discipline with a Stop Loss at $0.825, and take profit in portions according to the set targets.