$FET Testing Resistance – Is a Breakout Brewing at $0.757?
$FET is currently trading at $0.757, up +5.29% for the day after reclaiming momentum off the $0.754 base. Price is now testing a tight resistance zone, with volume gradually picking up—suggesting an imminent breakout or rejection move.
Key Levels to Watch:
Resistance Zones:
• $0.760 – Immediate resistance cap
• $0.775 – Recovery target
• $0.789 – 24H high and breakout point
Support Zones:
• $0.745 – Minor support
• $0.725 – Previous demand zone
• $0.679 – 24H low and critical downside marker
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Trade Setup – Breakout Tension is Rising:
Bullish Entry:
A breakout above $0.760 with strong volume could lead to:
• TP1: $0.775
• TP2: $0.789
Bearish Entry:
If price gets rejected and drops below $0.745, watch for a slide toward:
• TP1: $0.725
• TP2: $0.679
Stop-Loss:
• Long SL: Below $0.744
• Short SL: Above $0.761
$FET is sitting at a decision point—volume suggests interest, but confirmation is key.