$FET /USDT Reversal Watch: Key Levels to Monitor
$FET /USDT is currently trading at $1.749, showing a recovery from recent lows near $1.70. Buyers are stepping in, signaling a potential upward continuation toward resistance levels.
Technical Analysis:
Support Zone: $1.720 – $1.740
Immediate Resistance: $1.770
Key Resistance: $1.800
A breakout above the $1.770 resistance could strengthen bullish momentum, paving the way for higher targets.
Trading Signal:
Entry Zone: $1.740 - $1.760
Targets:
1. Target 1: $1.770
2. Target 2: $1.800
3. Target 3: $1.820
Stop Loss: Below $1.720
Market Insights:
FET has gained 41.31% over the past 30 days and 169.13% over the year, reflecting its long-term bullish sentiment.
A sustained move above $1.770 will confirm buyer dominance and target higher resistance levels.
Risk Management Tip: Use a tight stop loss below support and take profits gradually as targets are achieved.