$FET /USD Market Update: Bullish Momentum at $1.588

Current Price: $1.588

24H Change: +3.25%

Fetch.ai ($FET ) is currently riding strong bullish momentum, with the price steadily holding near the $1.588 level. The market outlook remains optimistic, with price action indicating potential for further gains.

Key Levels to Watch

Resistance:

$1.65 – Immediate resistance; a break above this level could spark further bullish movement.

$1.75 – Stronger resistance; breaking this level could see $FET/USD test higher targets.

Support:

$1.50 – Key support zone; a drop below this could trigger further downside.

$1.40 – Strong support level; failure to hold here could indicate a deeper retracement.

Trade Setup

Bullish Scenario: A breakout above $1.65 could drive the price toward $1.75 and possibly $1.90, continuing the bullish momentum.

Bearish Scenario: A fall below $1.50 could signal a potential correction towards $1.40 or lower.

Volume confirmation will be essential for confirming breakout or reversal signals. Keep an eye on the support and resistance zones to decide your next move.

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