#ReboundRally FET/USDT appears to be in the early stages of a potential recovery, as can be seen in the attached 4-hour chart.
#Theprice is up 2.76% in the past 24 hours, reclaiming the $1.37 level, with support evident near the recent low of $1.124.
#Themoving averages (EMA 9 and EMA 21) are showing a bullish crossover, suggesting that momentum may be shifting to the upside. The RSI levels on different timeframes (6, 12, and 24) are trending neutral (range 48-56), indicating that the coin has room for further upside before reaching overbought conditions.
#Inaddition, the MACD is showing initial signs of bullishness, with the histogram turning positive. Key resistance lies at $1.42, followed by $1.46, while support around $1.33 is crucial to sustaining bullish momentum.
# Traders should watch for increased trading volume to confirm a sustained recovery. This recovery offers a promising setup, but risk management is essential given the broader market uncertainty.
