$FET T/USDT Bullish Breakout – Strong Rally Potential! 🚀
Breakout Confirmed – Fetch (FET) has successfully broken out and retested the descending broadening wedge on the 3-day chart,
signaling a strong bullish setup.
What This Means – The completion of this pattern suggests a high probability of further upward momentum.
A sustained bounce from this level indicates a potential for a significant rally towards $3.25 in the upcoming months.
Next Move – If FET holds its ground above the breakout level and continues to show bullish strength,
a move towards $3.25 is highly likely.
Traders should look for a solid confirmation of the bounce (higher highs,
increasing volume) to enter or add to positions. A break below the breakout zone would signal a cautionary move,
but as of now, the trend is strongly bullish.
Key Levels to Watch:
Support Zone: Recent breakout level (check your chart for exact price)
Target: $3.25
Resistance: Any rejection around key Fibonacci levels or market sentiment shifts.
📊Trade Strategy:
Enter on pullbacks or retests of the breakout zone for better risk-reward.
Tighten stops as price approaches $3.25 to protect profits.
Keep an eye on volume spikes and market news for further confirmation.
This looks like a classic setup for traders who like bullish breakouts.
Keep your trades well-managed and stay alert for any changes in price action!
Stay ready for potential profits!
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