$FET /USD Analysis: Bulls in Control
Current Price: $1.549
24H Change: +2.1%
Fetch.ai ($FET ) continues its upward momentum, trading near $1.549. The bullish sentiment is supported by consistent buying pressure, hinting at further potential upside.
Key Levels to Watch
Resistance:
$1.580 – Immediate resistance. A break above could target $1.620.
$1.700 – Major hurdle for the next bullish leg.
Support:
$1.500 – Closest support zone, holding strong.
$1.440 – Critical level to maintain the overall bullish structure.
Trade Setup
Bullish Scenario: A breakout above $1.580 could lead to rapid gains, with $1.700 as the next target.
Bearish Scenario: If $1.500 fails, expect a pullback to $1.440 for possible consolidation.
Volume spikes suggest strong interest, making this an exciting pair to watch!
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