🔥 $FTT Jumps Big in Just 24 Hours! Is FTX Making a Comeback? 🚀
FTX Token (FTT) spiked after Backpack launched a no-fee claims platform for FTX creditors 💼
What’s fueling the move? 👇
📌 Backpack’s new platform (July 18):
✅ Lets FTX claimants sell off-market
✅ Reduces fear of token dumps
✅ Triggered instant surge in FTT
📈 Technical signals:
📍 Broke above $1.11 key resistance (Fib 127.2 extension)
📊 RSI at 74.7 shows overbought but strong momentum
🎯 Eyes on $1.1855 if rally continues
🛡️ $1.087 now acts as support
🐋 Whale-heavy supply = high volatility. Big players are clearly reacting.
⚠️ Main question: Will claimants cash out or hold? This move may mark a major shift in FTT’s future.