$FET
FET/USDT Technical Analysis: Key Levels & Trading Strategy
Currently priced at 1.598, FET/USDT is testing significant price levels that could dictate its next move. The support at 1.550 is crucial—if this level holds, we may see a rebound toward 1.650, the next key resistance. A breakout above 1.650 could open the door for further bullish momentum, potentially targeting 1.750 or higher.
If the price fails to hold above 1.550, the next critical support lies around 1.450, which could act as a strong buying opportunity for those looking to enter at a lower price. For long entries, a break above 1.650 could confirm a bullish trend continuation.
Entry Strategy: Look for a rebound from 1.550 or a break above 1.650 for an optimal risk-to-reward entry. Stay aware of broader market trends to confirm your trade strategy.
Trade wisely, stay informed, and make the most of key price levels!
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