📊$ FET/USDTTechnical Breakdown – Bounce Incoming? 🔄
$FET has shown early signs of recovery after hitting a strong support at $0.645 and bouncing back toward $0.684. Price is currently reclaiming the 7MA (yellow), showing momentum shift as selling pressure fades.
🧠 Key Technicals:
📉 99MA resistance at $0.754 – long-term breakout level
📈 Bullish crossover attempt on 7MA & 25MA
Strong volume surge at local bottom
📌 Trade Setup:
Entry Zone: $0.675 – $0.685
Short-Term Targets:
TP1: $0.719
TP2: $0.754
TP3: $0.803
Stop-Loss: $0.644 (below recent wick low)
📌 Risk/Reward: 1:2.5+
🧠 Strategy Note: A clean break above 25MA (pink) will signal bullish continuation. Monitor for rejection near $0.70 zone.
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💬 Are you riding this FET bounce or waiting for more confirmation? Drop your thoughts below 👇
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