#FET/USDT analysis-
After the correction, the price is consolidating, and if it breaks out, there is potential for it to go up."
ENTRY- as soon as it gives breakout i.e. 2.8501-2.8510
SL- below the support i.e. around 2.4990
TARGET- 3.48
After the correction, the price is consolidating, and if it breaks out, there is potential for it to go up."
ENTRY- as soon as it gives breakout i.e. 2.8501-2.8510
SL- below the support i.e. around 2.4990
TARGET- 3.48
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#FET
Dynamic resistance has already been broken and now the price is retesting it. The support level is $1.9700-1.8500. There is a possibility that the price will drop to $1.2860, but first we have to wait for the support to be broken.
Dynamic resistance has already been broken and now the price is retesting it. The support level is $1.9700-1.8500. There is a possibility that the price will drop to $1.2860, but first we have to wait for the support to be broken.
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#FET is moving in an ascending channel in the daily time frame.
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
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#FET appears to have completed an ABC corrective pattern, with point (C) forming near the strong demand zone.
After breaking the downtrend line, price has started forming higher lows, indicating a potential reversal.
Currently, FET is testing a short-term ascending trendline around $0.62–$0.67.
If support holds, the uptrend may continue toward $1.00 in the coming weeks.
A breakdown below the green zone could invalidate the bullish outlook.
After breaking the downtrend line, price has started forming higher lows, indicating a potential reversal.
Currently, FET is testing a short-term ascending trendline around $0.62–$0.67.
If support holds, the uptrend may continue toward $1.00 in the coming weeks.
A breakdown below the green zone could invalidate the bullish outlook.
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