$FET /USDT on May 29, 2025:
🔹 Market Overview
Current Price: $0.904 (+2.38%)
24h High: $0.931
24h Low: $0.850
Volume (FET): 43.93M
Volume (USDT): $39.38M
Momentum: Gradual uptrend with room to expand
Sector: Infrastructure (AI-related)
📌 Key Technical Levels
TypePriceNotesResistance 1$0.931Daily high, near-term ceilingResistance 2$0.96–0.98March consolidation topSupport 1$0.893Micro support (~15m)Support 2$0.87Intraday baseSupport 3$0.8524h low + breakout invalidation zone
📈 Trade Setups
✅ Setup A: Breakout Continuation
Entry: $0.905–$0.91
Stop Loss: $0.87
Target 1: $0.931
Target 2: $0.96
Trigger: 15m candle close > $0.915 with sustained volume
🔁 Setup B: Dip Entry
Entry: $0.87–$0.875
Stop Loss: $0.849
Target 1: $0.905
Target 2: $0.93
Trigger: Bounce confirmation on 1h or bullish divergence on RSI
📊 Momentum Indicators
MA(5): 205,975
MA(10): 173,373
Trend: Short-term MA crossover — bullish
Volume Trend: Consistently elevated, indicating buyer interest
⚠️ Risk Notes
Failure to hold $0.893 could lead to a retrace toward $0.87
Breakout above $0.931 must be confirmed by volume (>200k 15m)
Consolidation near $0.90 is possible before a strong leg
🧠 Summary
FET/USDT is showing bullish strength and setting up for a potential breakout above $0.931. It’s viable for both scalping above $0.91 or entering dips toward $0.87 with a tight invalidation. Watch the $0.93–$0.96 zone for momentum continuation.
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