$FET is moving in an ascending channel in the daily time frame.

After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.

If the price can break the specified dynamic resistance, it will return to the channel ceiling area.

If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 #ETH_ETFs_Approval_Predictions