FET USDT Primed for a Major Breakout: Inverse Head and Shoulders in Play
#FETUSD"
#FETUSD #USDT_Red_pocket #USDTfree #Marketsentimentstoday FETUSDT is showing strong bullish signs after breaking out of a descending resistance and successfully retesting that level. This setup hints at a possible price surge, supported by the formation of an inverse head and shoulders pattern, a classic bullish reversal signal.
The right shoulder aligns perfectly with the trend-line retest, further increasing the likelihood of a breakout. Currently, FETUSDT is holding a key support-resistance level, and with buying volume picking up, a rise to the minor resistance at 1.347 is expected.
If momentum continues, the next targets could be 1.485 and a potential high of 1.677. However, caution is advised: if the right shoulder breaks below 1.016, it could invalidate the pattern and signal a shift in market sentiment.
Patience and discipline will be essential in navigating this promising setup.