$FET is currently trading at approximately $0.731, reflecting a modest uptick of about 1.39% over the past 24 hours. The price has been oscillating between $0.6900 and $0.7434, indicating a phase of consolidation.

Technical indicators present a mixed outlook. The Relative Strength Index (RSI) is hovering around the neutral 50 mark, suggesting neither overbought nor oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, hinting at potential upward momentum.

For those considering a long trade, a confirmed breakout above the $0.7434 resistance level with increased volume could signal a bullish trend continuation. Conversely, a drop below the $0.6900 support level might present a short trade opportunity, targeting lower support zones.

Beginner traders should exercise caution during such consolidation phases. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.

Buy and Trade here $FET

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