Solldy

FTTUSD ❕ boundaries

Short
FTX:FTTUSD   FTT
FTT is moving in the downward channel near its upper boundary.
The price is near the upper boundary of the trading range.
There are two versions of the downward channel, but in both cases there is a margin for a downward move.
The volatility of the price movement has decreased in recent days.
The price movement is lagging behind and showing better than the market.
Trading volumes have increased during the price decline.
The main MAs on the 30m Timeframe are bearish.
I expect that the price may test the upper boundary of the channel, but after fixing under it will continue to fall.
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