MyCryptoParadise_Simon

FTM/USDT Bullish Movement from Demand Zone? 🚀FTM Analysis

Long
BINANCE:FTMUSDT   Fantom / TetherUS
đź’Ž Paradisers, let's take a closer look at #FTMUSDT, which is currently showing a compelling market behavior. After facing rejection from a supply zone,it is now setting up for a potential bullish continuation from a key demand zone.

đź’Ž #Fantom is eyeing a bullish continuation from the demand zone at $0.4533. If it manages to sustain momentum above this level, we're likely to see a bullish trend develop. With continued upward movement, FTM target could be the significant supply zone at $0.880.

đź’Ž However, the volatile nature of the crypto market requires readiness for different scenarios. If #FTM struggles to hold its ground within the $0.4533 demand zone, we might need to consider an alternate strategy.

💎This could mean anticipating a bullish recovery from a lower demand level at $0.3797. Yet, it’s important to remain cautious: a descent below this level might indicate a potential shift towards a bearish market direction. 🌴💰

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