a Binance technical analysis post that includes three target levels for FET/USDT:
š $FET
/USDT Technical Analysis Update š
The FET/USDT pair is currently trading around $1.475, showing a slight drop of 0.14% in the last 24 hours. After consolidating near its 24h low of $1.465, let's break down the key targets for this asset:
1ļøā£ Support Zone: $1.465 - $1.470
A strong support level has formed around $1.465. If the price bounces off here, we could see a retest of higher levels. Watch closely for a rebound to validate the uptrend.
2ļøā£ Target 1: $1.490 - $1.495
If bullish momentum resumes, the first target lies near $1.490. This resistance level could serve as a potential breakout point, leading to further upward movement.
3ļøā£ Target 2: $1.520 - $1.525
The $1.520-$1.525 range is crucial for the bulls to surpass, as it represents the 24h high. A break above this level could signal a more substantial rally toward the next resistance.
š Keep an eye on volume and price action to gauge the strength of these levels. As always, exercise caution and use risk management strategies.