FET Price Targets $3.4 After Breakout: Key Levels to Watchđ„
FET, the AI crypto token, has seen a remarkable 60% surge in the last week and a 30% monthly increase. Despite market retraces, FET has shown formidable price action, with a 49% increase in the past two weeks.
Key Levels to Watch:
- $1.17 support level: Held effectively since late February
- $1.7 resistance level: Next big resistance area
- $3.4 breakout target: Confluent with the top side of the formation
- $1.5 price zone: Super key level for further bullish price action
Analysts suggest that if FET holds above $1.17 and turns the next horizontal resistance level into a support zone, it could move to $1.7 and eventually target $3.4. However, other analysts caution that the token remains in a bearish market structure and needs to form a higher low and high to continue the uptrend.
Current Price: $1.17, 4% daily surge
