I’m watching $FF closely here. Price pushed up, got rejected near the local top, and now we’re seeing a clean pullback with selling pressure slowing down. Structure shows lower lows, but the last candles are compressing near support, which usually hints at a short-term reaction bounce before the next move.
Trade Setup
Direction: Short-term bounce play
Entry Zone: 0.0953 – 0.0960
Target Points:
• Target 1: 0.0978
• Target 2: 0.0995
Stop Loss: 0.0946
Why this setup works
I’m taking this because price is sitting at a strong intraday support after a sharp selloff. Volume is cooling down, momentum is slowing, and sellers are losing strength. This zone has already shown small wicks, which tells me buyers are defending it. Risk is tight, reward is clean, and the structure supports a technical bounce.
FF
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