Technical analysis by Decrypted_Defi about Symbol S: Buy recommendation (11/21/2024)

Currently we are experiencing bearish activity perhaps till December.I expect a subtle consolidation of accumulation near the trend line of the channel before making its move to the upside. I do think once it has gone past the fib levels of 0.618 and 0.65, price will retrace back to the zone before creating a bullish takeoff.SONIC is coming out soon. Marketing is there, and the chain is being used. More influencers are shilling FFTM currently. Once the BTC dominance stops making all the alts bleed, I do believe it will give the alts the chance to start seeing their highs as profits rotate in crypto.