$FTT is currently trading at 0.775 USDT, showing a bearish market structure.
It is testing a support level at 0.762 USDT, below which a further decline may ensue.
If it rebounds, a range-bound strategy between 0.762 and 0.8333 USDT could be effective.
However, with an RSI of 38.8, caution is advised due to potential selling pressure.
External factors like Bitcoin's volatility and macroeconomic shifts could also pose risks.
