$FET /USD Analysis: Bullish Momentum Continues, Resistance Levels in Focus
Current Price: $1.404
24H Change: +3.95%
$FET /USD is trading at $1.404, maintaining its bullish momentum after breaking key resistance levels. The price is steadily climbing, and the recent uptrend indicates potential for further gains if resistance is breached and buying interest continues to rise.
Key Levels to Watch
Resistance:
$1.420 – Immediate resistance. A breakout above this level could push the price toward higher targets.
$1.450 – Secondary resistance, marking a critical hurdle for continued upside.
Support:
$1.380 – Immediate support. A failure to hold above this level could bring a pullback.
$1.350 – Stronger support, providing a solid foundation for potential recovery.
Market Insights
$FET/USD is testing resistance at $1.420, with potential for a move toward $1.450 if a breakout occurs. Holding support at $1.380 is crucial for maintaining the uptrend. A drop below this level could lead to a pullback to $1.350.
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