FTM/USDT
2024-12-11
Category: None

BINANCE:FTMUSDT  

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🦾 ** UPCOM:FTM  Bearish Trend Retest (HTF)** 🥶  
**Unstable price zone** at the moment! ⏳

If we face another big dump for any reason, I'm planning to **spam the buy button** in the support zones around **0.850 - 0.820** and **0.800**! 🛒

As mentioned earlier, in these zones, expect **lots of up and down movements** before we see any major moves! ⚖️

A **breakout above $1.200** resistance is essential for the bulls! 🐂 (H4 View)

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**Upper Key Resistances:**  
🔝 $1.270 - $1.350

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As I also pointed out in my **Bitcoin analysis**, we are likely at the start of a **bearish correction move** (medium-term). This scenario makes sense to me! ⚠️

The current **short-term upward correction** is probably a **FOMO pump** by small traders trying to test the **50% Fibonacci level** (a previous support zone). 🐟➡️🦈

**Whales** 🚨 and **retail traders** could soon start shorting the market again!

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Possible scenario for  UPCOM:FTM  (also applies to many other altcoins):  

- **Yesterday:** Bearish breakout 📉  
- **Today:** Upward correction to retest the **50% Fibonacci** zone (Bull trap!) 🎣  
- **Upcoming days:** Bearish continuation 📉

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I trust my **instinct**, **experience**, and **analysis**! 🧠💪

We play **level by level**! Bulls definitely need more strength to take control here. ⚡

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**Reminder:** This is **not financial advice**! 🚫

**Be cautious with long positions in the market**! ⚠️

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Keep monitoring the levels carefully, and stay safe! 🛑