Fet reach $3?👇
FET/USDT, it shows a strong bullish breakout from a descending trendline, confirmed with good volume. The breakout signals the potential for further upward movement, and the $3 target appears to be achievable, though it will depend on broader market conditions and momentum.
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Analysis:
1. Trendline Breakout:
The price has broken above the descending trendline, indicating a reversal from the downtrend.
Volume accompanying the breakout strengthens the likelihood of continuation.
2. Resistance Levels:
Immediate resistance is around $1.50 - $1.60, which must be cleared for a rally toward higher levels.
Beyond this, the next key levels are $2.00 and then $3.00, based on historical price action.
3. Bullish Momentum:
If the current momentum sustains and the price stays above the breakout level (around $1.40), it could fuel a rally toward $3 during this bull run.
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Prediction:
Short-Term Target: $1.80 - $2.00 (within weeks if momentum sustains).
Mid-Term Target: $3.00 (achievable within the bull run if overall market remains bullish).
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Trade Plan:
Entry Point: Pullback to $1.40 - $1.45 or a breakout above $1.50.
Stop Loss: Below the breakout level at $1.35.
Take Profit Levels:
TP1: $2.00
TP2: $3.00
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- Buy Fet.ai in Spot Buying range 1.42_1.45_1.5
- Buy now....👉$FET 👇
Let me know if you’d like more details or updates as the price evolves!