$FET has shown a solid upward movement of 4.15% in the past 24 hours, with prices fluctuating between 0.72 and 0.8. Currently sitting at the upper resistance level of 0.8, the asset faces a critical juncture; a breakout could propel it higher, while rejection may retrace it towards the key support of 0.72. The RSI at 56.14 suggests neutral sentiment, indicating neither overbought nor oversold conditions, which leaves room for further bullish momentum. Traders remain cautiously optimistic, as recent trends show increased buying interest that could be influenced by broader market developments.
