$FET

📊 FET/USDT Technical Analysis – Key Levels at $1.262 📊

FET/USDT is currently trading at $1.262, showing signs of consolidation near crucial support and resistance levels. As the price hovers in this range, traders should watch for a potential breakout or breakdown that could signal the next big move.

🔑 Key Support: $1.230 – This level has acted as strong support recently. A breakdown below $1.230 could open the door for further downside, with targets at $1.200 and $1.150.

🔑 Key Resistance: $1.300 – For bullish momentum to take control, FET needs to break above $1.300. A successful breakout could target $1.350 and $1.400 in the near term.

Entry Strategy:

Long Entry: Look for a breakout above $1.300 with strong volume. Target $1.350–$1.400, and set a stop-loss at $1.240 to manage risk.

Short Entry: If FET falls below $1.230, short positions could target $1.200–$1.150. Place a stop-loss above $1.270 for protection.

💡 Pro Tip: Use RSI to check for overbought or oversold conditions, and MACD for confirmation of momentum shifts. Volume spikes during breakouts will provide additional confirmation of price action.

FET/USDT is at a key turning point. Be ready to act quickly as the next significant move could be on the horizon! 📈🚀

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