Market Overview for FTX Token/Tether (FTTUSDT) on 2025-12-14

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Dec 14, 2025 2:02 pm ET1min read
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- FTT/USDT broke below key support at 0.6092-0.6054 on 2025-12-14, forming a bearish trend with a 5-minute bearish engulfing pattern.

- RSI hit oversold levels and Bollinger Bands expanded as volatility surged, with price closing near the lower band after a 7% drop.

- Volume spiked to 64,893.51 during the 08:00 ET sell-off, confirming the sharp decline and aligning with bearish technical indicators.

- Fibonacci levels suggest potential support at 0.5686, with a break below triggering increased bearish pressure amid neutral daily moving averages.

Summary
• Price action on FTT/USDT formed a bearish breakdown from key resistance around 0.6147.
• RSI signaled oversold conditions in the final hours, hinting at potential short-term reversal.
• Volume surged in early afternoon ET, confirming a large price drop into the session’s close.
• A bearish engulfing pattern emerged at the 12:00 ET close, suggesting continued bearish momentum.
• Bollinger Bands expanded as volatility increased, with price closing near the lower band.

The FTX Token/Tether (FTTUSDT) pair opened at 0.6111 on 2025-12-13 at 12:00 ET, reached a high of 0.6173, touched a low of 0.5734, and closed at 0.5820 on 2025-12-14 at 12:00 ET. Total volume over the 24-hour window was 624,161.01, with a notional turnover of $377,882.43.

Structure and formations showed FTTUSDT breaking below key support at 0.6092 and 0.6054, forming a bearish trend. The candlestick pattern on the 5-minute chart at 12:00 ET showed a bearish engulfing pattern, reinforcing the downside bias. A large bearish candle on the 5-minute chart at 08:00 ET confirmed a sharp sell-off, with volume spiking to 64,893.51.

Moving averages on the 5-minute chart indicated a bearish crossover of the 20-period and 50-period lines during the price drop, while daily MA lines remained neutral.

RSI on the 5-minute chart hit oversold levels in the final hours, suggesting a potential short-term bounce, though the bearish momentum remains intact. Bollinger Bands expanded significantly during the sharp price drop, with the final candle closing near the lower band, indicating high volatility.

Volume and turnover aligned with the bearish move, with the largest turnover spike coinciding with the 5-minute candle at 08:00 ET. No major divergence was observed between price and turnover. Fibonacci retracement levels on the recent 5-minute swing (0.6173–0.5739) indicated a possible target near 0.5686 at 38.2%.

Looking ahead, the pair may find near-term support at 0.5686 and resistance at 0.5855. A break below 0.5686 could increase bearish pressure. Investors should watch for volume confirmation and RSI divergence to assess the strength of any potential short-term reversal.