ā ļø
$FET /USDT ā Consolidation Near Key Support! š§
Price: $0.662 (ā¼ -3.92%)
24h High / Low: $0.703 / $0.659
24h Volume:
FET: 21.92M
USDT: 14.90M
Order Book Depth:
Resistance: 0.692 / 0.730
Support: 0.615 / 0.577 / 0.539
š Data Timestamp: 2025-06-29 21:00
š Momentum Analysis
FET is showing mild bearish pressure after rejecting the $0.703 level. Price is hovering just above key support, suggesting a consolidation phase. Volume remains moderate, indicating uncertainty among traders.
šÆ Long Setup (If Support Holds)
Entry Zone: $0.645ā$0.662
Targets:
T1: $0.692
T2: $0.730
T3: $0.765
Stop Loss: $0.615 (below recent support)
ā Breakdown Scenario
If price loses $0.615 with volume, next supports are $0.577 and $0.539 ā avoid fresh longs in that case.
ā
Breakout Confirmation:
A clean breakout above $0.703 with strong volume flips momentum bullish again.
š” Key Support to Watch:
$0.615 (major structure)
$0.577 (last line before deeper drop)
š” Pro Tip for Traders:
Patience pays here ā let price reclaim $0.69 before going heavy long. Ideal for range scalping between $0.615ā$0.692 until breakout or breakdown confirms.
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