Market Overview for FTX Token/Tether (FTTUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Thursday, Dec 18, 2025 2:36 pm ET1min read
FTT
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Aime RobotAime Summary

- FTT/USDT fell 5.2% to 0.5005, breaking key support with strong bearish volume at critical levels.

- RSI entered oversold territory while Bollinger Bands tightened before the 0.5005 breakdown, signaling heightened volatility.

- A bullish engulfing pattern at 0.5005 and a doji near 0.508 suggest potential short-term reversal signals amid bearish momentum.

- 61.8% Fibonacci support at 0.5008 held during a partial rebound, but sustained breaks below 0.5005 could target 0.4975.

Summary
• FTT/USDT traded in a bearish bias, with a 5.2% drop from 0.5301 to 0.5005.
• Volume surged at key support levels near 0.5005 and 0.508, confirming bearish pressure.
• RSI entered oversold territory, suggesting potential near-term rebound.
• Bollinger Bands tightened before the 0.5005 break, signaling increased volatility.
• A bullish engulfing pattern formed near 0.5005, hinting at possible short-term reversal.

Market Overview

FTX Token/Tether (FTTUSDT) opened at 0.5301 on 2025-12-17 at 12:00 ET and closed at 0.5005 at 12:00 ET on 2025-12-18. The pair hit a 24-hour high of 0.5301 and a low of 0.4940, with total volume reaching 614,804.44 and notional turnover of 307,657.97 USD.

The price action over the past 24 hours showed a clear bearish trend, breaking below a key support level near 0.5021 and finding a temporary floor at 0.5005. This level was reinforced by a bullish engulfing pattern, suggesting a short-term reversal may be in the works.

Structure and Candlestick Patterns

Price found support at the 0.5005 level and bounced back toward 0.5024 by the end of the 24-hour period. A bullish engulfing pattern formed at 0.5005, indicating a possible reversal. A doji appeared near 0.508, suggesting indecision in the market. Key support levels to watch include 0.5005 and 0.5045, while resistance remains at 0.5103 and 0.512.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages trended downward, reinforcing bearish momentum.

The daily chart showed the 50-period and 200-period moving averages in a bearish alignment. The RSI reached oversold territory near 25, suggesting a possible bounce. MACD lines were bearish with negative divergence, though the histogram showed signs of stabilizing.

Volatility and Bollinger Bands

Bollinger Bands tightened prior to the 0.5005 break, indicating compressed volatility. Price then broke below the lower band, confirming a bearish breakout. Volatility has since expanded, and the price remains within the widening bands, suggesting continued range-bound behavior may occur in the near term.

Volume and Turnover

Volume surged at key support levels, with the largest spike occurring near 0.5005, where 79,847.05 FTT traded. Turnover confirmed this bearish move, aligning with the price drop. Price and turnover were in alignment during this leg down, indicating conviction in the bearish move.

Fibonacci Retracements

Fibonacci levels drawn from the 0.5305 high to the 0.4940 low identified key retracement levels at 0.5075 (38.2%) and 0.5008 (61.8%). Price held above the 61.8% level during the bounce, suggesting this area may continue to act as a support.

Over the next 24 hours, a bounce off 0.5005 could test the 0.5021–0.5033 range, but a sustained break below 0.5005 may push the pair toward 0.4975. Investors should remain cautious as volatility remains elevated.