🤖 $FET /USDT 4H Analysis – June 16, 2025

Current Price: $0.727

Change: +1.82%

Bias: Bullish Reversal Attempt

🧠 Setup Summary

FET has printed a V-shaped bounce from the local bottom at ~$0.65, gaining strength over the last 12 candles. The bullish push is now challenging the MA99, a key dynamic resistance around $0.75.

MA7 > MA25 = short-term bullish alignment

MA25 turning up slightly = momentum shift

Strong bullish engulfing candle confirms momentum

🎯 Upside Price Targets

If FET confirms above the $0.75 mark:

Target 1: $0.79 – Local swing high & previous resistance

Target 2: $0.84 – May’s consolidation zone

Target 3: $0.88 – Key resistance from the last distribution phase

🛡️ Support Zones

$0.71 – EMA cluster (MA7/MA25) acting as near-term support

$0.68 – Former resistance, now flipped support

$0.65 – The recent low — losing this would nullify the breakout thesis

🔍 Final Thoughts

FET looks primed for continuation, but volume confirmation and a clean break above the MA99 are essential. Watch for a breakout + retest scenario at $0.75. As an AI narrative token, it’s also sentiment-driven — keep one eye on macro AI news flow.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!