š $FET /USD: TESTING KEY LEVELS ā READY FOR A MOVE? ā”
The $FET /USD pair is currently trading at $1.427, consolidating within a critical range. Traders should monitor price action as it nears pivotal support and resistance zones.
š Trade Scenarios:
Entry Point: $1.427
Take Profit (TP 1): $1.470
Take Profit (TP 2): $1.520
Take Profit (TP 3): $1.600
Stop Loss (SL): $1.390
Key support is located at $1.390, while resistance sits at $1.470. A breakout above $1.470 could signal further upside, targeting $1.520 and $1.600. Conversely, a drop below $1.390 may indicate bearish momentum.
š Market Outlook:
$FET/USD is at a critical juncture. Bulls need to reclaim $1.470 to spark further rallies. If the price holds above support at $1.390, the pair could regain strength. Traders should stay cautious and watch for confirmation signals.
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