FTT is sketching a falling wedge pattern on the charts—classic setup for potential breakout moves. Current price sitting around $0.4926, but technical levels suggest bulls could target $0.6400 if momentum picks up. The pattern tightening suggests consolidation before the next directional push. Traders watching this zone closely, especially considering the wedge compression historically precedes sharp moves. Whether we see that target depends on sustaining above key support and volume confirmation.
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just_another_fish
· 5h ago
FTT's wedge compression... Hmm, it's a bit interesting, but can it really reach 0.64?
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LiquidityHunter
· 5h ago
Hmm... another falling wedge, this pattern is almost worn out.
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GasFeeCrier
· 5h ago
Another wedge pattern? Can FTT break 0.64 this time? Feels a bit uncertain.
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FlashLoanLarry
· 5h ago
ngl the wedge compression thing is classic textbook setup... seen this play out maybe 70% of the time? real question is whether we actually get volume confirmation or if this just another liquidity trap 👀
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fren_with_benefits
· 5h ago
Can FTT break through 0.64 this time? Ultimately, it still depends on the trading volume.
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Ser_APY_2000
· 5h ago
0.64 feels too idealistic, but the moment of breaking through is indeed quite exciting.
FTT is sketching a falling wedge pattern on the charts—classic setup for potential breakout moves. Current price sitting around $0.4926, but technical levels suggest bulls could target $0.6400 if momentum picks up. The pattern tightening suggests consolidation before the next directional push. Traders watching this zone closely, especially considering the wedge compression historically precedes sharp moves. Whether we see that target depends on sustaining above key support and volume confirmation.