🔥 $FF / USDT (Falcon Finance): Bounces from the 25 EMA and Retests at $0.168 🦅⚡
Falcon Finance ($FF ) reacts strongly on the daily (1D), moving 29.41M USDT (200.13M FF). After retesting the 25 EMA, it pushed higher with a green candle, targeting highs at $0.16797 and trading around $0.16504.
📊 Technical Analysis (1D):
• Structure: Strong bounce at the 25 EMA ($0.12473), breaking above the 7 EMA ($0.14038).
• Resistance: $0.16797 and the prior peak at $0.17166.
• Support: $0.14038 (7 EMA) and the key floor at $0.12473 (25 EMA).
• Indicators: MACD slows the pullback and KDJ makes a bullish crossover (K: 44.94 / J: 57.71).
💡 Strategy:
• Long: Breaking above $0.1680 clears the way toward $0.1716.
• Retest: Wait for support at the 7 EMA ($0.1400) for an entry with better risk/reward.
👇 Will $FF break above $0.1716 or correct back to the 7 EMA? Comment! 💬
#FF #FFUSDT #FalconFinance #Futures #BinanceSquare #TechnicalAnalysis $
Falcon Finance ($FF ) reacts strongly on the daily (1D), moving 29.41M USDT (200.13M FF). After retesting the 25 EMA, it pushed higher with a green candle, targeting highs at $0.16797 and trading around $0.16504.
📊 Technical Analysis (1D):
• Structure: Strong bounce at the 25 EMA ($0.12473), breaking above the 7 EMA ($0.14038).
• Resistance: $0.16797 and the prior peak at $0.17166.
• Support: $0.14038 (7 EMA) and the key floor at $0.12473 (25 EMA).
• Indicators: MACD slows the pullback and KDJ makes a bullish crossover (K: 44.94 / J: 57.71).
💡 Strategy:
• Long: Breaking above $0.1680 clears the way toward $0.1716.
• Retest: Wait for support at the 7 EMA ($0.1400) for an entry with better risk/reward.
👇 Will $FF break above $0.1716 or correct back to the 7 EMA? Comment! 💬
#FF #FFUSDT #FalconFinance #Futures #BinanceSquare #TechnicalAnalysis $
