$FET /USDT: Strong Rally with Over 10% Gain

FET/USDT is trading at $1.63, showing a robust 10.83% increase in the last 24 hours. This momentum highlights growing interest in the token, likely driven by developments in the infrastructure ecosystem.

Key Data Points:

24h High: $1.753

24h Low: $1.450

24h Volume (FET): 159.34M FET

24h Volume (USDT): $258.07M

Trade Strategy:

Long Position: Enter above $1.65, targeting $1.75 and $1.80, with a stop loss at $1.55.

Short Position: Consider selling below $1.55, aiming for $1.45 and $1.35, with a stop loss at $1.65.

Market Outlook:

FET/USDT is exhibiting strong bullish momentum, with price approaching its 24-hour high. A breakout above $1.75 could signal continuation towards $1.80 and beyond. Conversely, a failure to sustain the rally might lead to a retracement towards $1.45. Traders should watch for volume spikes and sentiment shifts to identify potential entry points.

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