FET Market Analysis

Currently, from the 4H chart, FET has moved to the previous resistance range (1.54-1.73). The next focus will be on the movements of the main players. Due to the announcement on the 4th about the planned burn, the market has rebounded in the past few days. However, influenced by the overall market sentiment correction, the future market may fluctuate repeatedly within this range. If this range is broken, the market will likely rise further. If the resistance is persistently strong, the market may experience another decline. The main support level is around 1.45 in the smaller timeframe; if it breaks below, there may be a retest near 1.25. At this point in time, everyone should be aware of the risks.

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