Spot Journal $FTT (Stealth Box Floor-Test & Reclaim): 2-Tranche Plan 1D
Price $FTT is moving at $0.2487 after confirming the support floor test.
Price has completed the floor-test sweep (Spring/Double-Bottom) with sell volume drying up, followed by a green Reclaim candle (0.40x above average) confirming supply absorption at the bottom of the box.
2-Tranche Execution Plan:
• Tranche 1 (Floor Test & Reclaim): Area $0.2385 - $0.2487
• Tranche 2 (Confirmatory Scale-In): Second floor test at $0.2385 OR breakout above the consolidation ceiling at $0.2653
Risk limit is set at the 1D candle close below $0.2314. The primary structural target is at the 30-day peak ($0.3462, RRR 8.4:1) to liquidate half the position into USDT, while the remaining coins are left to run toward $0.4872.
$FTT #BinanceSquareCreator #BinanceSquare #CryptoMarket #AlphaGems
Note: Independent technical research and risk management journal for spot (DYOR).
Price $FTT is moving at $0.2487 after confirming the support floor test.
Price has completed the floor-test sweep (Spring/Double-Bottom) with sell volume drying up, followed by a green Reclaim candle (0.40x above average) confirming supply absorption at the bottom of the box.
2-Tranche Execution Plan:
• Tranche 1 (Floor Test & Reclaim): Area $0.2385 - $0.2487
• Tranche 2 (Confirmatory Scale-In): Second floor test at $0.2385 OR breakout above the consolidation ceiling at $0.2653
Risk limit is set at the 1D candle close below $0.2314. The primary structural target is at the 30-day peak ($0.3462, RRR 8.4:1) to liquidate half the position into USDT, while the remaining coins are left to run toward $0.4872.
$FTT #BinanceSquareCreator #BinanceSquare #CryptoMarket #AlphaGems
Note: Independent technical research and risk management journal for spot (DYOR).