Good morning, Team Fantom / Sonic!
🚨 In today’s update:
Fantom climbed 4 positions on the CryptoBubbles ranking!
Market cap and 24-hour volume analysis show increased activity.
A bounce off the demand zone (as predicted in our previous analysis) is now being tested at the supply zone.
Key insights:
📉 Market price and average market price are slightly below the current price, signaling a potential retest of these levels.
📊 Are we in leg 4 of 5 down or an ABC correction? We’re monitoring closely to identify the next move.
💹 RSI shows we are in the buy zone—but remember, wait for bullish confirmation to act confidently.
Let’s stay sharp and watch these levels!