🔥 $FET on the brink of explosion – Does the rebound start from the bottom?
👨💻 It still maintains its position above the lower limit of the descending channel on the daily chart, reflecting clear resilience in the current support area.
🤔 This technical consolidation indicates a strong likelihood of a rebound, especially as the price approaches oversold levels according to RSI and MACD indicators.
🐃 If the momentum continues and the price successfully surpasses the nearby resistance, we may witness a gradual climb towards $0.95, which is a logical target within the technical recovery range.
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