FET has been showing strong upward momentum for a week, but its rapid and strong progress has caused the price of FET to climb to the overbought area of the daily RSI, which has always been closely watched by many investors.
Therefore, FET subsequently saw a few consecutive days of adjustment to take the necessary rest.
In order for FET to regain and maintain its strong upward trend, the currency must successfully break through an important resistance level - $1,767 at the daily level.
If FET continues to be in the adjustment stage, the strong support level below it is located near $1,464.
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