From the chart, there are multiple moving averages: MA(7) is 1.322, MA(25) is 1.478, and MA(99) is 1.466. The current price of $1.403 is above MA(7) but below MA(25) and MA(99). This may indicate some upward momentum in the short term, but the long-term trend still needs to be observed.
The highest price in the last 24 hours was $1.425, and the lowest was $1.248. The current price is close to the highest price, showing market strength. The trading volume in the last 24 hours was 35.6632 million FET, with a trading amount of $48.1352 million, indicating a high level of market activity.
The MACD indicator shows that DIF is -0.083, DEA is -0.085, and the MACD value is 0.002. These values are close to zero, indicating that the market may be at a critical turning point and requires close attention to subsequent changes.
From the candlestick chart, the price has shown signs of rebounding after a period of decline. The previous high was $2.195 and the low was $0.804. The current price of $1.403 seems to be attempting to rebound from the low, but has not yet reached the previous high.
In summary, FET/USDT is currently in a short-term upward trend, but the long-term trend still needs further confirmation. It is recommended that investors stay alert and combine more market information and technical indicators to make informed investment decisions.