/USDT Technical Analysis: Key Levels to Watch šÆ
The FTT/USDT pair is currently trading at $3.4616, experiencing a slight pullback of -0.67% in the last hour. As we analyze the chart, here are three key target levels to keep an eye on:
1. Target 1: $3.60 A short-term resistance level that could be the first sign of upward momentum if the price bounces from current support. Traders should monitor for a clear breakout above this level.
2. Target 2: $3.40 This level represents the next significant resistance zone. A move towards $3.80 would indicate bullish pressure, signaling a potential continuation of the uptrend.
3. Target 3: $3 As we approach $3.90, the pair faces a crucial resistance point. A breakthrough here could pave the way for FTT to challenge higher prices, but watch for any signs of exhaustion near this level.
With $3.42 as the current support zone, FTT/USDT is at a critical point. Traders should stay alert to market conditions for breakout or pullback confirmations.
Stay tuned for updates and monitor these levels closely! š
This technical post provides a clear breakdown with actionable targets and insights, perfect for engaging Binance traders.
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