FTT (FTX) WHY THE CHART TA SHOWING A INCREASE?

Updated
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FTT is considered one of the riskier cryptocurrencies. After its recent drop, it has remained relatively stable for a while. The latest data suggests that FTT could potentially rise back to the $2 level.

Should we view this technical analysis alert as a chance for the coin to rebound? Trading always involves uncertainty, so we'll keep an eye on FTT in the near future to see if it unexpectedly climbs back to $2.
There is a high market cap that still is activating on the FTT..

'Is there a news known that we don't know, or is this just a fake signal from the TA.. we will see.
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Will FTT visit for the first time since NOV 2022 the $2..
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What will happen with FTT if is there a comeback by the community?
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It seems not possible, but what is the reason that some whales still adding an entry point on this level up $11 as data shows?

snapshot
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Luna did show before also an effect up $7 will FTT follow since there is still a high market.
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