FTX Token / TetherUSShort
🔥 FTT Bearish Break Out
FTT has been on a strong losing streak since it hit the all-time high last September.
With FTT falling through the last strong support, there's little holding FTT back from dropping any further. To reinforce my bearish bias, I think it would be ideal for FTT to re-test the prior support and turn it into resistance.
Long-term bear target would be the lows from the summer-21 bear market.
With FTT falling through the last strong support, there's little holding FTT back from dropping any further. To reinforce my bearish bias, I think it would be ideal for FTT to re-test the prior support and turn it into resistance.
Long-term bear target would be the lows from the summer-21 bear market.
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