$FTT /USDT ALERT: STRONG BEARISH TREND WITH POTENTIAL SUPPORT – MONITOR CLOSELY!
$FTT /USDT is currently trading at 2.9730 USDT, reflecting a significant decrease of 8.55%. The chart shows a recent sharp decline, with the price slightly increasing by 1.73% from the previous candlestick.
$FTT has reached a 24-hour high of 3.3212 USDT and a low of 2.8482 USDT. The 24-hour trading volume is substantial, with FTT at 7.72 million and USDT at 23.90 million. The price is below the 50-period Exponential Moving Average (EMA), which signals a bearish trend.
Trade Setup:
- Long Entry: Above 2.9800 USDT, targets at 3.0000, 3.0500, and 3.1000 USDT. Stop Loss: 2.9000 USDT
Bearish Scenario:
If the price dips below 2.9000 USDT, it might signal a continued bearish trend. In that case, targets shift to 2.8500, 2.8000, and 2.7500 USDT, with a Stop Loss at 2.9800 USDT.
Given the current strong bearish trend, traders should closely monitor price movements and trading volumes to seize potential opportunities. 📊🚀
Stay vigilant, manage risks wisely, and make informed trading decisions! 💼📈🔥
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{spot}(FTTUSDT)