$FET Technical Analysis & Trade Setup ๐Ÿš€

FET is currently trading at $0.986, showing a 2.07% increase in the last 24 hours. The price is consolidating near $0.948 support, while resistance stands at $1.119. A rising 50-hour MA hints at bullish momentum, but the 200-hour MA overhead suggests potential rejections at higher levels. The trading volume is rising, indicating growing market interest, while the RSI remains neutral, signaling room for further movement.

๐Ÿ“Š Trade Strategy:

๐Ÿ”น Bullish Setup: If FET breaks & closes above $1.03, consider a long position with targets at $1.087 & $1.119 (SL: $0.948).

๐Ÿ”น Bearish Setup: If price drops below $0.948, a short position targeting $0.92 could be viable (SL: $1.03).

With a potential breakout in either direction, staying alert to price action is key! โšก๐Ÿ“‰๐Ÿ“ˆ

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