With majority community approval, the token merger will proceed as follows:
$FET becomes #ASI with a supply of 2.63055 billion tokens, $AGIX converts to $ASI at 0.433350:1, and $OCEAN converts at 0.433226:1.
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Bullish
đ FET/USDT Urgent Update đ
FET/USDT Chart Analysis - 1D đ
$FET is showing strong bullish momentum, currently in an uptrend and forming higher highs (HHs) and higher lows (HLs). It's trading above the 200EMA, indicating long-term bullishness. After a recent correction, the price found support above the 200EMA and has now broken out of the trendline.
Step-by-Step Trade Plan đ
1. Trend Confirmation: .Ensure the price is maintaining higher highs (HHs) and higher lows (HLs) above the 200EMA. đ
2. Correction and Support: Confirm the recent correction has held above the 200EMA, solidifying it as a support level. đ
3. Breakout Observation: Identify the breakout from the trendline, indicating potential continuation of the bullish momentum. đ
4. Entry Point: Enter a long position once the price breaks the $2.70 level. This level acts as a confirmation of the breakout and momentum continuation. đȘ
-Entry: $2.70 đ„
5.Target Level: Set the target at $4.20, where the price is expected to test the previous swing high. đŻ
Target: $4.20 đŻ
6. Stop-Loss (SL): Protect your position by placing a stop-loss at $1.82 to manage risk in case the trend reverses. đ