#FTXRefunds indicating strong selling pressure. The token has shown high volatility, with a daily high of $1.033 and a low near $0.811, which is a critical support level to watch closely. Heavy trading volume of over 82 million USDT suggests active market participation and potential for swift price moves. Traders should be cautious as the price recently broke below key support around $0.85, signaling bearish momentum; however, a rebound from the $0.81 zone could offer a profitable entry point for a quick bounce. Close attention to volume spikes and momentum indicators like MACD and EMA will be crucial to time entries and exits effectively, aiming to capitalize on potential short-term reversals or breakdowns.
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