$FET Trade Setup 🔥
---
$FET/USDT 3-Day Chart Analysis
$FET/USDT is currently consolidating above the breakout point of a Broadening Wedge pattern on the 3D timeframe. This pattern often suggests increased volatility, and the current consolidation above the wedge's top trendline indicates a possible preparation for the next significant move.
Key Insights:
Consolidation Phase: The price action shows $FET hovering above the breakout zone, potentially forming a base for the next upward momentum.
Bullish Scenario: A breakout from this consolidation phase could trigger a strong bullish movement, with possible targets around previous highs.
Watch for Volume: Increasing volume during this consolidation would provide further validation that a pump might be imminent.
A pump could be on the horizon if the price maintains its strength above the wedge and buyers step in.
---
