Market Overview for FTX Token/Tether (FTTUSDT) – 2025-10-26

Sunday, Oct 26, 2025 1:32 pm ET1min read
Aime RobotAime Summary

- FTT/USDT surged past 0.9100 with strong volume, forming a bullish pattern amid 24-hour volatility spikes.

- Overbought RSI (75+) and MACD divergence signal short-term pullback risks after sharp gains from 0.8850.

- Price tests 0.9250–0.9300 resistance with Fibonacci levels (0.9220/0.9260) and 200-period MA (~0.9000) as key technical markers.

- Golden cross and aligned on-balance volume confirm bullish momentum, but widening Bollinger Bands highlight heightened volatility risks.

• FTT/USDT broke above 0.9100 on strong volume, showing clear bullish momentum in the final 6 hours of the 24-hour window.
• RSI and MACD suggest overbought conditions, with a risk of short-term pullback after sharp gains post-0.8850.
• Volatility surged during the 2030–0300 ET window, with a massive candle forming at 0.9100–0.9255.
• Price is now testing key resistance at 0.9250–0.9300, with Fibonacci levels at 0.9220 and 0.9260 in focus.
• On-balance volume remains aligned with price action, indicating strong conviction in the rally.

The FTX Token/Tether (FTTUSDT) pair opened at 0.8812 on 2025-10-25 at 12:00 ET and closed at 0.9278 on 2025-10-26 at 12:00 ET, forming a strong bullish pattern over the 24-hour period. The high reached 0.9300, and the low was 0.8750. Total volume traded was approximately 2.3 million tokens, with a notional turnover of ~$2.14 million (based on average price).

The 20-period and 50-period moving averages on the 15-minute chart crossed over in favor of the bulls, with price above both. A golden cross formed in the final 4 hours, reinforcing the bullish bias. The 50-period MA at 0.9120 and the 20-period MA at 0.9160 indicate ongoing upward pressure. On the daily chart, FTT/USDT is approaching the 200-period MA at ~0.9000, which may serve as support if a pullback occurs.

Relative Strength Index (RSI) has surged into overbought territory (75+), particularly in the 2–6 AM ET window, hinting at the potential for a retracement. MACD lines are above the signal line and trending higher, with positive histogram expansion, reinforcing the bullish momentum. However, the RSI divergence in the 1–2 AM ET window raises a cautionary flag. Bollinger Bands have widened significantly, indicating a period of heightened volatility, with price staying well above the upper band since 10 PM ET.

Key support levels are forming at 0.9060 and 0.8850, while resistance is evident at 0.9250 and 0.9300. A bullish engulfing pattern formed on the 1–2 AM ET candle, closing at 0.9279. A potential bearish reversal could occur near 0.9250, especially if volume weakens on follow-through buying. The 38.2% and 61.8% Fibonacci retracement levels from the 0.8850–0.9255 swing are 0.9115 and 0.9190, respectively, offering possible entry points for short-term traders.

Backtest Hypothesis

The backtesting strategy described is a MACD-golden-cross approach, which aligns well with the recent technical conditions seen in FTT/USDT. Given that the 20-period and 50-period moving averages have recently crossed over, and the MACD histogram is expanding to the upside, the conditions are met for a potential long entry. However, the overbought RSI and widening Bollinger Bands suggest that this signal should be taken with caution and ideally filtered by a volume confirmation or a pullback to key Fibonacci levels.