$FTT /USDT Showing Strong Bullish Momentum After Breakout
Hey everyone,
Let's take a look at the $FTT /USDT chart! The current price of FTX Token is at $1.0955, marking a significant increase of +12.62% today.
Looking at the last 24 hours, FTT ranged from a Low of $0.9665 to a High of $1.2500. The 24h Volume is substantial at 15.69M FTT, which is equivalent to 17.61M in USDT, indicating strong trading activity.
The chart shows a clear bullish breakout, with the price surging upwards and currently trading above the upper Bollinger Band. This suggests strong buying pressure and potential for continued upward movement. The price has pulled back slightly from the 24-hour high but is still showing significant strength.
Traders will be watching to see if FTT can sustain this momentum above the upper Bollinger Band. If it does, we might see a push towards higher levels. The middle Bollinger Band could now act as a potential support level. The MACD indicator at the bottom is showing strong bullish momentum, supporting the current price action.
Key points to observe:
Resistance: The 24-hour high of $1.2500 is the immediate resistance to watch.
Support: The upper and middle Bollinger Bands could act as potential support levels.
Indicator: The strong bullish momentum on the MACD supports the current upward trend.
What are your thoughts on FTX Token's current surge? Do you believe it will continue its upward trajectory, or will we see some consolidation after this strong move? Share your analysis!
