FTT Dropped 241.61% in 24 Hours Amid Extended Decline

On SEP 1 2025, FTT experienced a 241.61% price drop within 24 hours, bringing its value to $0.855. This sharp decline was part of a broader downtrend, as FTT lost 600.61% in seven days, 241.61% in one month, and an extreme 7845.06% over the past year. The rapid and sustained price erosion reflects ongoing bearish momentum and has raised concerns among investors and analysts about the token’s near-term trajectory.

Technical analysis has revealed a critical breakdown in key support levels, signaling a potential continuation of the downward trend. The RSI has entered oversold territory, while the MACD line remains below its signal line, reinforcing bearish momentum. These indicators, however, do not necessarily signal a bottom in the near term, as they often remain in oversold conditions during extended declines.

The use of technical indicators in this context highlights the necessity for a structured approach to evaluating future price behavior. To explore this further, a backtest framework can be applied to historical market data, offering insights into how the market may react to similar price drops in the past.