$FET
After the Apple conference, driven by the rebound of Bitcoin, FET also began to show strong upward momentum.
From the daily chart analysis, FET is forming a head and shoulders bottom pattern, indicating a potential upside opportunity. In addition, the second phase of the three-coin-in-one plan (ASI coin-to-coin exchange) has not yet started, which also provides further impetus for the hype of FET. As the market recovers, FET is expected to continue to rise.
In the short term, the pressure level of FET is in the range of US$1.48-1.5. If this resistance level can be broken, the upper target is expected to reach around US$2.2.
As one of Binance's IEO projects in 2019, FET has performed very well during 2019-2021 and in this round (2023 to date), which is worth paying attention to.
