🚀 FTT Showing Massive Volatility: Is the Recovery Real?
The $FTT /USDT 1D chart is flashing some intense signals today! After a long period of consolidation and downward pressure, we are seeing a massive "God Candle" attempting to break through significant resistance levels.
📊 Key Technical Observations:
Price Surge: FTT is currently up +35.87%, trading at $0.6488. It even touched a 24h high of $0.7980 before seeing some immediate selling pressure.
EMA Breakout: The price has successfully surged above the EMA(7) and EMA(25). This indicates a strong shift in short-term momentum.
The Big Hurdle: All eyes are now on the EMA(99) (purple line) sitting around $0.6652. A daily candle close above this level could confirm a trend reversal.
Support & Resistance: * Support: Strong base formed at $0.4500.
Resistance: Immediate resistance at $0.6650 and the recent wick high of $0.7980.
⚠️ A Word of Caution:
FTT remains under a "Monitoring Tag" on Binance. This means it carries significantly higher risk and volatility than other assets. This pump could be news-driven or a "dead cat bounce," so manage your risk accordingly!
What’s your move?
Are you riding this pump, or is this a "trap" for late buyers? Let me know your thoughts in the comments! 👇
