🚀 $FET /USDT: EYEING RESISTANCE – BREAKOUT OR PULLBACK? ⚡
The $FET/USDT pair is currently trading at 1.634, testing key levels for a potential breakout or retracement. Traders should closely monitor these zones for opportunities.
📊 Trade Scenarios:
Entry Point: 1.634
Take Profit (TP 1): 1.700
Take Profit (TP 2): 1.750
Take Profit (TP 3): 1.800
Stop Loss (SL): 1.580
Support is at 1.580, while resistance is at 1.700. A breakout above 1.700 could ignite bullish momentum, pushing the price toward 1.750 and 1.800. On the other hand, a drop below 1.580 may lead to bearish pressure and a possible pullback.
📉 Market Outlook:
FET is currently holding above 1.580 support, showing signs of a potential upward move if it breaks through 1.700 resistance. A breakout would confirm bullish momentum, while failure to hold support could trigger a retest of lower levels.
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