FTX Token Jumps 33% to $0.30 as Spot Volume Explodes 2,187%
- —FTT gained 33.43% in 24 hours to trade at $0.2988
- —Spot volume surged 2,187% to $26.6 million
- —Spot netflow reached about $618.93K on September 20
- —Daily RSI hit 80.11, above the 70 overbought threshold
Why it matters: The breakout above a multi-month descending channel signals a reversal, but overbought conditions raise the risk of a near-term pullback to $0.28 support.
Source: AMBCrypto