🔍 Smart Money Technical Analysis | $FTT ‌

📉 Market Structure:
• The overall structure remains strongly bearish.
• Key lower support sits much lower at 0.3472.
• Most recent support: 0.4919.

📈 Key Levels:

🔴 Resistance / Supply Zones:
0.6033 (closest resistance)
0.795 (most recent swing high)
0.955
1.2956

⚠️ Bearish Supply Area:
• 0.5979 – 0.6033 may act as a strong supply zone if price rallies.

🟢 Support / Demand Zones:
0.4919 (key support)
0.3472 (major lower support)

📊 Market Observations:
• There is visible inefficiency around the 0.60 region, which could be filled during a bounce or reversal.
• Trend remains bearish, so rallies are likely to face selling pressure.

📌 Trade Ideas:

🔻 Primary Bias: Short
• With a strong bearish trend, shorts are favored unless a clear reversal appears.

🟢 Possible Bounce (Long Setup):
• Watch for manipulation below 0.4919 (liquidity sweep).
• Confirmation signs: strong pin bar, bullish engulfing, or sharp reclaim above 0.4919.
• Targets: 0.6033 → 0.795
• Stop-loss: below the post-sweep swing low.

🔴 Trend-Following Short Setup:
• Look for a weak rally into 0.60 – 0.6033 or even 0.795.
• Confirmation: bearish engulfing, rejection wick, or bearish structure on 1H–4H.
• Targets: 0.4919 → 0.3472
• Stop-loss: above the swing high.

🧠 Market Expectation:
• Further downside is likely if 0.4919 fails.
• A sweep below 0.4919 followed by a strong reclaim could trigger a short-term bounce.
• Without bullish confirmation, any rally toward 0.6033 – 0.795 is likely to be sold.
• Bullish bias only if price reclaims and holds above 0.795 with strong momentum and volume.

📝 Educational analysis only — not financial advice.
Always wait for confirmation and manage risk properly.