FTM/USDT Update 24-12-2024

🎯 Good Morning, Traders!

Today’s update focuses on FTM/USDT as we analyze key levels for 24-12-2024. Let’s dive in:

📊 Current Market Overview:

Market Price: $1.035
Average Market Prices:
Today: $1.0998
Yesterday: $0.9892
💼 Zones to Watch:

Rejected Demand Zone: $1.05168 (A significant level that failed to hold support).
Supply Zone: $1.00485 (Potential resistance for further downside).
Lowest Zone: $1.00 — A psychological and technical level.
🔻 If the price breaks below $1.00, look for:

Demand Zone 1: $0.84011
Demand Zone 2: $0.78012
🚀 Bullish Scenario:

A break above the average market price of $1.0998 could ignite momentum toward the mid-zone at $1.32116. Watch for increased buying pressure and confirmation of upward movement!
💡 Stay sharp and always trade with a plan! Let me know your thoughts in the comments.

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Pivot PointsSupply and DemandSupport and Resistance

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