#FTT $FTT
Expectation from Finora AI - $FTT 4h
- In the 4h chart of #FTTUSDT there is a clear bearish trend, the price is constantly moving to lower levels and most indicators support the decline.
- The current price is at 0.5100 and the underlying 0.4731 is an important support/demand area. In the short term, I expect a decline towards this level.
- Above the levels 0.5383 and 0.5522 there is strong resistance/supply, it is difficult to speak of an increase as long as the price does not exceed these levels. This means that the price could react downwards again from these levels during increases.
- If the price makes a liquidity sweep below 0.4731 and then a strong reversal candle (e.g. Pin Bar, Engulfing) occurs, a small long attempt could be considered. However, my main scenario remains bearish.
- In the short term, it should rather be thought short, in case of a possible pullback to a react...
