#FTTUSDT — Descending Triangle: Ready for Takeoff or BreakdowFTX Token / TetherUSBINANCE:FTTUSDTCryptoAnalystSignal#FTT The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone has been identified in green at 0.2713. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.2900 First Target: 0.2948 Second Target: 0.3000 Third Target: 0.3070 You can close at the second target or wait for the third target to be reached. The choice is yours. Stop Loss: At the resistance zone in green. Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.