$FET /USDT: Bullish Momentum Confirmed!🔥💯
The recent breakout above the $1.45 resistance zone has signaled strong bullish momentum for FET/USDT. With the price currently sitting at $1.503 and a nearly 7% daily gain, this marks a critical juncture for traders looking to capitalize on this move.
Strategy:
• Entry Price: Around $1.50
• Target 1: $1.60
• Target 2: $1.65 (higher resistance level)
• Stop Loss: $1.42 (below the previous resistance, now support)
Key Notes:
• The breakout was supported by solid volume, indicating strong market participation.
• The purple zone ($1.45) previously acted as resistance and now serves as support.
• Short-term traders may take partial profits at $1.60, while swing traders can aim for $1.65.
Always practice disciplined risk management and adapt your strategy based on market conditions. Happy trading!
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