$FET

šŸ”„ FET/USDT: Spot Trading Blueprint for Maximum Gains!

šŸ”· FET/USDT Market Overview

Current Price: $1.301

24H High/Low: $1.368 / $1.256

Volume: 39.17M FET

šŸŸ© Spot Position Recommendation

Position: LONG (Confidence: 90%)

Deep Learning Model Applied: LSTM (Long Short-Term Memory)

ā€¢ Rationale for Long:

1. RSI (Relative Strength Index): RSI at 40 indicates the asset is near oversold conditions, primed for a bounce.

2. MACD Signal: Momentum shows early bullish divergence, suggesting upward momentum is building.

3. 20/50 EMA Trend: FET price nearing a golden cross, indicating long-term bullish potential.

4. Volume: Above-average volume hints at growing buyer interest and accumulation phase.

šŸ‘‰ Spot Entry Zone:

ā€¢ Buy: $1.285 - $1.305

šŸŽÆ Target Levels for Spot Trading:

ā€¢ T1: $1.325 (+2%)

ā€¢ T2: $1.365 (+5%)

ā€¢ T3: $1.405 (+8%)

ā€¢ T4: $1.465 (+12%)

ā›” Stop Loss Recommendation:

Spot trading does not require a stop loss, but if you want to preserve capital:

ā€¢ Suggested Stop: $1.235 (Approx. 5% buffer for market noise).

Reversal Strategy (If Price Dips Below Stop Loss):

ā€¢ New Entry Zone: $1.210 - $1.230

ā€¢ Targets:

ā€¢ T1: $1.260 (+4%)

ā€¢ T2: $1.300 (+7%)

ā€¢ T3: $1.345 (+11%)

šŸ“Š Technical Justifications:

1. Support Levels: $1.285, $1.250 (Strong historical support zones).

2. Resistance Levels: $1.365, $1.405 (Critical breakout levels).

3. RSI Signal: Approaching oversold zone, indicating reversal potential.

4. Volume: Spike above daily average confirms accumulation and bullish outlook.

āš” Top 4 Spot Levels for Entry:

1. Entry Zone: $1.285 - $1.305

2. Hold Target: $1.365

3. Extended Target: $1.405

4. Final Target: $1.465

ā€œšŸš€ FET/USDT SPOT STRATEGY: Ride the Wave to $1.465 and Beyond! šŸ’°ā€