The $FTT /USDT pair is currently trading at $2.5957, reflecting a modest gain of 9.17% over the last 24 hours. The price has seen fluctuations, with a recent high of $2.8095. This indicates a recovery phase, as the market appears to be regaining some momentum after earlier declines. đ
In terms of technical indicators, the support level around $2.558 has held firm, providing a base for potential upward movement. The recent price action shows a series of higher lows, which is a positive sign for bullish traders. If the momentum continues, we could see the price testing the resistance at $2.8095 once again. đ
Trading volume has been robust, with 24.60 million FTT tokens traded in the past day. This high level of activity suggests strong interest from buyers, which can further fuel upward momentum. Traders should watch for any significant increases in volume that might accompany price breaks above key resistance levels. đ
Overall, FTT/USDT is showing signs of recovery and bullish potential, but caution is warranted. Monitoring support and resistance levels will be crucial as the market navigates this upward trend, and traders should be prepared for possible volatility. đ
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