⚡⚡⚡ $FET /USDT Soars 8%: Bulls Take the Lead, Eyeing Higher Levels⚡⚡⚡
The cryptocurrency $FET has demonstrated impressive strength, surging by 8.04% in the last 24 hours to reach $1.37. This significant upward move, rebounding from a recent low of $1.23, has propelled the price past the critical resistance at $1.33. The rally, supported by increasing trading volume, highlights the growing bullish sentiment and sets the stage for further gains in the near term.
Key Levels to Watch:
Target 1: $1.38 (Immediate Resistance)
Target 2: $1.45 (Next Major Resistance Zone)
Stop-Loss: $1.32 (Key Support Threshold)
Should FET maintain its position above $1.37, the momentum could accelerate, driving the price toward the next resistance level at $1.45. However, a break below the $1.32 mark might trigger a temporary retracement, offering an opportunity for traders to re-enter at lower levels. Monitoring volume will be crucial to confirming the sustainability of this bullish trajectory.
With the current market dynamics signaling strength, FET appears well-positioned for further upside. As buyers continue to dominate, traders should stay alert to both support and resistance levels to maximize potential gains while managing risks effectively.
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