#FTT Point Analysis:

1. Key support level:
• First support level: $3.12
• Second support level: $2.95
• Third support level: $2.83
2. Key resistance level:
• First resistance level: $3.57
• Second resistance level: $3.62
• Third resistance level: $3.75
Directional prediction of long and short positions:
FTT has currently risen to $3.22, breaking through multiple moving average resistances in the short term, with increased trading volume indicating strong bullish momentum. Looking at the 4-hour chart, the MACD indicator is expanding above the zero axis, showing continued upward momentum. However, there is strong resistance at $3.57, and if it cannot be effectively broken through, there may be a short-term risk of a pullback. It is recommended to enter the long position with a light position and observe the breakthrough situation.
Short-term bias is mainly bullish, paying attention to the strength of resistance breakthrough.
Strategy recommendation:
• Long position entry: $3.15-$3.22 range, stop loss at $3.10, target at $3.57/$3.62/$3.75.
• Short layout: If the price is under pressure at $3.57-$3.62, you can try a short position at the high level, stop loss at $3.70, target $3.22/$3.12.
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