🚀 $FET /USDT Trade Signal: Bullish Breakout Potential! 🚀
Fetch.ai ($FET /USDT) is currently trading at $1.622, with an impressive 8.79% gain in the last 24 hours, signaling strong upward momentum. Here’s a well-structured trade setup:
📈 Long Entry:
Entry Zone: $1.63 - $1.65 (continuation above resistance).
Target Levels: $1.70 (short-term), $1.80 (mid-term).
Stop Loss: $1.58 (below immediate support).
📉 Short Entry:
Entry Zone: $1.60 - $1.62 (rejection near resistance).
Target Levels: $1.55 (short-term), $1.50 (mid-term).
Stop Loss: $1.65 (above resistance).
Key Highlights:
Volume Surge: 24-hour trading volume of 54.63M FET, indicating strong market activity.
Growth Momentum: FET is up 24.67% in 7 days and 144.13% over the past year, showcasing its bullish strength.
Critical Levels: Resistance at $1.65 and support at $1.58 are crucial for the next directional move.
With FET showing strong momentum, traders should watch for a breakout or rejection at resistance levels. Plan your trades with precision and manage risks effectively!