$FET /USDT analysis and bullish prediction

Current price: $1.281 (+19.61%)

Analysis:

$FET /USDT is currently in a strong uptrend, as evident by the series of green candles on the 4-hour chart. The price has seen a significant surge, breaking through previous resistance levels and moving closer to the next key resistance zone. The momentum appears strong, supported by increased volume, indicating that bulls are in control of the market.

Prediction:

Given the current momentum, $FET /USDT is likely to continue its bullish run. The next resistance level is expected around $1.300, and if it breaks this level, the price could aim for higher targets in the $1.350 - $1.400 range. However, traders should be cautious as the rapid rise might lead to a short-term pullback before continuing the upward trend.

Signals:

- Long trade: Enter above $1.283 with targets at $1.300, $1.350, and $1.400. Place a stop loss at $1.250 to manage risk.

- Short trade: Consider entering below $1.250 if there’s a pullback, targeting $1.200 and $1.150 with a stop loss at $1.283.

Note: Keep an eye on market conditions and be ready to adjust your strategy as the situation develops. This is a high-volatility scenario, so ensure you manage your risk accordingly.

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