The coin made a new low last few days and recently reclaimed the its key support (Stoploss / liquidity taken )Many coins make such move at the bottom before major rise
The price must hold above blue support in weekly basis otherwise it will drop again
Note 1: trading this coin is considered a very high risk so if you want to trade it use small amount with strict risk management
Note 2 : any fundamentals news (good or bad about FTX will have great effects on price action
Many asked me about TSX:FTT hope this helps Thanks