$FTT is currently trading at 1.07 USDT, indicating a bearish market structure.
It is nearing a critical support level of 1.03 USDT, which may trigger buying interest.
A breakout above 1.2511 USDT presents a potential trading strategy for savvy investors.
However, with an RSI of 23.21, oversold conditions may yield a short-term rally.
Keep an eye on Bitcoin's volatility and macroeconomic factors that could impact FTT's price movement.
