๐ $FET /USDT POISED FOR BREAKOUT! ๐
The $FET /USDT pair is currently trading at 1.923, showing a slight increase of +0.05%. The 24-hour high is 1.975, and the 24-hour low is 1.704. The trading volume for FET is 89.07M, while for USDT, it is 162.10M. The chart is on a 4-hour timeframe, indicating a bullish trend with a potential breakout.
๐ Trade Scenario
According to the arrows on the chart, the price is expected to break above the current resistance level of 1.975 and head towards the next target of 2.100. The trendline supports this upward movement, suggesting a strong bullish momentum.
- Entry Point: 1.923
- Take Profit (TP): 2.100
- Stop Loss (SL): 1.800
๐ Market Outlook
The market is showing strong bullish signals with increasing volume and a clear upward trend. Traders should watch for a breakout above the resistance level for potential gains. Stay cautious and set appropriate stop losses to manage risk.
#CryptoTrading #FETUSDT #BullishTrend #CryptoAnalysis #TradingSignals ๐๐