$FET has recently increased by 2.137%, currently trading towards the upper Bollinger Band at 0.6799.
This proximity may signal overextension, suggesting a potential pullback unless bullish momentum continues.
Key support sits at 0.634, while resistance is at 0.681.
Traders should consider placing a stop-loss just below 0.634 to manage risk effectively.
With volatility appearing to contract, a breakout above resistance may offer a buy signal.
I recommend setting alerts and waiting for clearer signals before executing any trades.
