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🛑 Wait, is $FF about to get rejected at the $0.14 resistance wall?
This is the 1-hour chart and FF has had a seriously strong rally from yesterday's low at $0.12319.
It's been climbing nicely, printing clean higher lows, which is exactly what you want to see.
The current price is $0.13893, and it's making a run at that $0.140 to $0.141 zone. That's the key resistance.
I’m seeing a massive imbalance on the order book. The Ask (Sell) side is almost 3x the Bid (Buy) side right now, 74.52% vs 25.48%. That’s a lot of sales pressure waiting up there.
If the buyers can push through $0.141 on decent volume, this could be a solid breakout for the next leg up.
But if it rolls over and loses support at $0.135, it's a short back down to the $0.13 area. Right now, it's just a crucial watch and wait moment.
#FF #CoinDeskNovGateReportComing