FET ANALYSIS

The attack by Israel on Iran led to several altcoins moving downward.

Before the significant drop, large sellers had already sold their FET four hours prior, indicating a potential move to the downside.

At exactly 12:00 am on October 26th, we experienced an intense drop, resulting in substantial volatility.

As is typical after a sharp drop, a minor relief or reversal often follows, and once again, FET has begun to move upward. Here are the key levels to watch.

KEY LEVELS

Resistance:

1.251-1.258 is an immediate resistance level for FET. If it breaks and holds above this level, we can expect it to reach 1.32.

Support:

1.206 is a key level to watch on the downside. If this level is breached without an immediate reversal, we could see a further drop to 1.197, and potentially to 1.142.