FTX Token Tests Lower Bollinger Band Amid Technical Selling Pressure

FTX Token Tests Lower Bollinger Band Amid Technical Selling Pressure

FTX Token (FTT) has seen a price decline of 5.47%, now trading at $0.78, as bearish MACD signals and weak momentum contribute to selling pressure. The cryptocurrency is nearing critical technical support levels, indicating a potential for further declines. This downward movement occurs in the absence of significant market catalysts that could influence price recovery. Traders are closely monitoring these technical indicators as they assess the future trajectory of FTT.

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