$FET
15-min Bullish Setup
💡 Imagine FET like a spring — price just dipped to support around $0.68 and is now coiled up to bounce! TL;DR: FET is trading at $0.69 after finding support near $0.68 . A break above $0.70– $0.71 could launch it toward $0.72– $0.73 The RSI is low (near 30, meaning *oversold*) and the MACD is crossing up (a bullish signal), suggesting upside if buyers step in.
📊 Chart Snapshot
Price: $0.69 (current).
Support: $0.68 (24h low) – recent dip bounced here.
Resistance: $0.72 (recent high) – key target if breakout happens.
RSI: 30 → oversold* (a bounce likely as it’s “cheap”).
MACD: MACD line crossing above signal = *bullish* (buyers stepping in).
Volume: 90–92M (24h) – healthy trading interest at these levels.
🔑 Key Trade Zones
Buy Zone: $0.68–0.69 (near strong support). This is where FET has recently held up.
Target Zone: $0.72–0.73. This area lines up with the 24h high and is the first resistance to watch.
Stop: Below ~$0.67 (just under support) in case FET breaks down.
Watch for a **break above $0.70– $0.71 as confirmation. If that happens on good volume, we could see FET “spring” up to our target.
Bullish Factors:
FET just bounced off support and its momentum indicators are improving. RSI below 30 means it’s been oversold (beginners: that often leads to a rebound). The MACD turning up is a classic buy signal. In plain terms, the chart is setting up a potential short-term upward move.
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