$FTT is currently trading at 0.3914 USDT, up +11.45% in the last 24 hours. After consolidating for hours around the 0.3460–0.3600 zone, price exploded upward in a sharp impulsive move, printing a session high at 0.4425 before pulling back.
That vertical expansion signals aggressive momentum. The breakout was clean, fast, and volume-backed. However, the immediate rejection from 0.4425 shows short-term profit-taking. Now price is stabilizing around 0.385–0.395, which becomes the key decision zone.
If this level holds, the structure transitions from spike to continuation setup. If it fails, the move risks turning into a blow-off top.
Trade Setup
• Entry Zone: 0.382 – 0.395
• Target 1 : 0.420
• Target 2 : 0.4425
• Target 3 : 0.470
• Stop Loss: 0.360
The critical level is 0.420. A strong reclaim and hold above it would confirm buyers are still in control and likely drive a retest of 0.4425. Clearing that high opens the path toward 0.470 as the next expansion target.
If price breaks back below 0.360, momentum weakens significantly and the breakout structure invalidates.
Right now, FTT is in post-breakout consolidation. The next move will determine whether this becomes sustained continuation or a volatility spike that fades.
