technical analysis and trade signal for the $FET /USDT pair, along with three target levels and trade momentum:

Technical Analysis:

1. Current Price: $1.92

The price has been experiencing a bullish trend recently, with a +3.83% increase in the past 24 hours.

The current price is above the 24-hour low of $1.850 and approaching the 24-hour high of $2.028, indicating a potential bullish breakout.

2. Key Levels to Watch:

Support Level: $1.85

If the price drops below this level, a possible retest of lower levels might occur.

Resistance Level: $2.03

The price is near this resistance, which could trigger profit-taking or a temporary pullback.

Trend Direction: Short-term Bullish, as the price is moving above the key support level and showing strength near the resistance zone.

3. Momentum Indicators:

RSI (Relative Strength Index): Currently at 55 (neutral), indicating that there is still room for upward movement without being overbought.

MACD: The MACD line is above the signal line, showing bullish momentum.

Moving Averages: The 50-period MA is above the 200-period MA, confirming the overall bullish trend.

Trade Signals:

Buy Signal:

Enter a buy position near $1.90 - $1.92, as the price is showing strong support and bullish momentum.

Stop Loss: Set around $1.85 to limit downside risk.

Target Levels:

Target 1: $2.03 (Immediate Resistance)

Target 2: $2.10 (Higher Resistance Zone)

Target 3: $2.13 (Major Resistance Area)

Exit Strategy:

Take partial profits at Target 1 and Target 2.

Consider moving the stop loss to breakeven after reaching Target 1 to protect profits.

Trade Momentum:

Short-Term Momentum: Bullish. The price is currently showing upward momentum and could break past resistance levels, so entering a buy position near current levels is ideal for capturing the upward move.

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