$FET next target 1.86
(FET) is currently testing a bearish trendline, and a breakout could potentially fuel a run to $1.86. The cryptocurrency has seen a 3.22% increase in price, with a market capitalization of over $2.8 billion and a trade volume of $116 million. Technical indicators such as the Relative Strength Index (RSI) show increasing bullish momentum, suggesting a potential breach above the negative trendline.
If FET breaks out, it may target the $1.86 resistance level, with potential further advances to $2.56 and higher. However, if the trendline holds and negative pressure persists, FET may fall to $0.96 or lower, potentially starting another slump to $0.45 or below.
Overall, FET's next move will depend on its ability to break out of the trendline and sustain bullish momentum.
