$FET is preparing for a big bounce❗❗
We all see the artificial intelligence token that is quietly making waves... 🚀🚀 After bouncing off support at $0.649 and forming a bullish engulfing pattern, $FET is now pushing towards resistance at $0.710. The price action on the hourly chart shows a strong upward trend supported by increased volume and order book dominance (60% buying pressure). A clean continuation could lead to new local highs!
📈 Long trade setup
Entry area: $0.692 – $0.695
Take profit 1: $0.715
Take profit 2: $0.734
Take profit 3: $0.759
Stop loss: $0.678
Order book sentiment remains bullish and volume is increasing, it seems FET is ready to explode again if $0.710 is broken with strong momentum!
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