FET/USDT Market Analysis
Trend Analysis
1. **Current Trend**:
FET prices have fluctuated recently, and the current price is 1.356 USDT, up 14.72% in 24 hours.
2. **Support and Resistance**:
- Support: 1.153 USDT
- Resistance: 1.422 USDT
3. **Moving Average Analysis**:
- EMA(7): 1.413 USDT
- EMA(25): 1.747 USDT
- EMA(99): 1.958 USDT
The short-term moving average EMA(7) is below EMA(25) and EMA(99), indicating that there is a certain downward pressure in the short term.
4. **Trading Volume Analysis**:
Trading Volume has rebounded, indicating that the market has a certain buying interest.
Future Trend Forecast
1. **Short-term Rebound**:
If the price can stabilize above 1.422 USDT, the next target price may be above 1.5 USDT.
2. **Continue to adjust**:
If the price encounters resistance and falls back at 1.422 USDT, it may test the support level of 1.153 USDT again.
3. **The role of trading volume**:
The continued increase in trading volume may indicate the continuation of the upward trend. If the trading volume decreases, you need to be alert to the risk of a pullback.
Summary
#FET has shown a certain upward momentum recently. Investors are advised to pay close attention to changes in trading volume and breakthroughs in key resistance levels to determine whether the trend continues.
