FTT/USDT is showing early signs of a bullish breakout after a long period of downtrend and consolidation. The token has reclaimed technical levels that could now act as support.
Technical Levels for Bullish Momentum
A recent tweet from Rose Premium Signals confirms that FTT/USDT has broken above a significant trendline. Price action is gaining strength as the asset holds above the breakout level. This breakout comes after an extended bearish phase and has shifted short-term momentum in favor of buyers.
The asset is now trading near $1.25 and consolidating just above the trendline it recently crossed. Holding this area is critical for bullish continuation. Short-term traders are focusing on $1.45 and $1.68, which align with local resistance levels and momentum-driven targets.
Volume is beginning to pick up, which supports the technical structure. A consistent hold above this zone could keep momentum intact for the coming sessions.
Rounded Bottom Formation on Weekly Chart
On the weekly timeframe, FTT has completed a rounded bottom—a structure often associated with longer-term reversals. This pattern adds strength to the breakout seen on lower timeframes. The move above descending resistance is being retested, which, if sustained, may confirm a structural reversal.
Key levels to watch include $2.80, $3.72, and $4.43. These targets correspond to technical resistance areas and a measured move derived from the cup-like formation on the chart. Each level may act as a potential milestone if momentum carries forward.
Current Price and Market Overview
As of writing, FTT/USDT is priced at $1.25, with a 24-hour trading volume of $24.35 million. This reflects a daily drop of 4.73%, yet a 7-day gain of 6.12%, indicating short-term volatility.
Despite the pullback, the overall structure remains constructive as long as the price stays above the breakout zone. The technical setup continues to attract attention from short-term and swing traders tracking potential upward continuation.
Current technical conditions for FTT/USDT provide an opportunity for possible continuation of bullish movement, with key resistance levels potentially becoming important targets if momentum continues.
