The graph shows that the price #FETâ€ïž 
USDT is currently trading at $1.489.
Let's consider the main aspects of the analysis:
Current situation:
The price is testing a downward trend line, which acts as resistance. A break above this line could signal the start of an uptrend.
Support Levels:
The main support zone is in the range of $1,100 - $1,200. This zone is highlighted in green on the graph.
Minor support near $0.850. Resistance levels:
The nearest resistance is the descending trend line, which is located around $1,500. The next resistance level is the 200-day moving average (red line), which is located around $1,700.
Possible entry points:
Buy when it breaks and consolidates above $1,500 with a target at $1,700.
An alternative entry point is to buy on a pullback to the support zone of $1,100 - $1,200 with a target at $1,500.
Price movement forecast:
If the price can break through the downward trend line and consolidate above $1,500, then the next target could be the level of $1,700. Otherwise, a rollback to the support zone of $1,100 - $1,200 is possible.
Chart analysis #cryptocurrency #FETâ€ïž T/USDT:
The price is testing an important downward trend line. Support level: $1,100 - $1,200. Resistance level: $1,500 and $1,700.
Forecast: A break above $1,500 is a signal for growth to $1,700. Rollback - buy in the $1,100 - $1,200 zone.
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