$FTT forms a descending triangle, trading at $1.2061 with a 5.65% gain.
- Trade setup (breakout):
- Entry: Above $1.25
- Targets: $1.33, $1.42, $1.55
- Stop-loss: $1.17
- Key levels:
- Resistance: $1.24-$1.25 (descending trendline)
- Support: $1.18-$1.20 (multi-tap demand zone)
- Outlook: Volatility compression and tightening volume suggest an impending move; wait for a candle close above $1.25 with a volume spike for confirmation; a break below $1.18 could flip bias to short.
