【Watch Rise】
FTT is currently quoted at 0.3041, up 45.29% over the past 24 hours, with a 7-day gain of 43.11%. The intraday range is 0.2073–0.3462, with a swing of 67.0%.
【Price Action】
In the most recent few 4-hour candlesticks, the center of gravity has been steadily rising, and there are fairly clear signs of long-side control of the market.
The support at 0.2073 has held after two rounds of testing.
When you compare this with BTC’s +1.14%, FTT is clearly stronger than the market average level.
In the short term, it is slightly bullish.
【Bullish Rationale】
A single-day surge of 45.29% is right here—on the short term, the bulls are the dominant side.
The structure above 0.2073 hasn’t broken down; 0.3462 is the next resistance level to chew through.
The risk is that after the short-term rally, profit-taking could happen at any time, and chasing higher could get you caught by a wick/spike.
In terms of strategy: use 0.2073 as the stop-loss, and look for upside toward a breakout of 0.3462.
$FTT #FTT
FTT is currently quoted at 0.3041, up 45.29% over the past 24 hours, with a 7-day gain of 43.11%. The intraday range is 0.2073–0.3462, with a swing of 67.0%.
【Price Action】
In the most recent few 4-hour candlesticks, the center of gravity has been steadily rising, and there are fairly clear signs of long-side control of the market.
The support at 0.2073 has held after two rounds of testing.
When you compare this with BTC’s +1.14%, FTT is clearly stronger than the market average level.
In the short term, it is slightly bullish.
【Bullish Rationale】
A single-day surge of 45.29% is right here—on the short term, the bulls are the dominant side.
The structure above 0.2073 hasn’t broken down; 0.3462 is the next resistance level to chew through.
The risk is that after the short-term rally, profit-taking could happen at any time, and chasing higher could get you caught by a wick/spike.
In terms of strategy: use 0.2073 as the stop-loss, and look for upside toward a breakout of 0.3462.
$FTT #FTT
