🚀 $FET /USD: TESTING RESISTANCE – WATCH FOR A POTENTIAL BREAKOUT! ⚡
The $FET /USD pair is currently trading at $1.344, approaching key resistance levels. Traders should stay alert for a potential breakout or retracement as the market forms a crucial decision.
📊 Trade Scenarios:
Entry Point: $1.344
Take Profit (TP) 1: $1.380
Take Profit (TP) 2: $1.420
Take Profit (TP 3): $1.460
Stop Loss (SL): $1.300
Support is at $1.300, while resistance lies at $1.380. A breakout above $1.380 could ignite a bullish move, targeting $1.420 and $1.460. However, a drop below $1.300 might signal a bearish retracement.
📉 Market Outlook:
FET is consolidating near key resistance at $1.380. A breakout above this level could lead to continued bullish momentum, while a failure to break through may trigger a pullback to $1.300 support.
If you found this analysis helpful, don’t forget to like, comment, and follow for more insights. Got a coin pair you’d like reviewed? Drop it in the comments for a detailed analysis! 💬📈
#USJoblessClaimsDrop #BinanceAlphaAlert #BNBBhutanReserves #AIMarketCapDip #Write2Earn