$FET /USDT: Bullish Momentum Confirmed! 🔥💯
The recent break above the $1.45 resistance area has signaled strong bullish momentum for the FET/USDT pair. With the price currently holding at $1.503 and up almost 7% daily, this marks a crucial 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 Previous Resistance, Now Support)
Key Notes:
• The break was supported by strong volume, indicating strong market participation.
• The purple area ($1.45) previously acted as resistance and is now acting as support.
• Short-term traders may take partial profits at $1.60, while swing traders can target $1.65.
Always practice disciplined risk management and adapt your strategy according to market conditions. Happy trading