📊 $FET

USDT (Perp) Market Overview

Metric Value

Last Price $0.7155 ⬆️ (+9.37%)

Mark Price $0.7150

24h High / Low $0.7231 / $0.6534

24h Vol (FET) 117.96M

24h Vol (USDT) $81.16M

Current Vol 2.36M

MA(5) / MA(10) 7.76M / 6.06M → Bullish momentum

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📈 Technical Breakdown

🔹 Trend & Momentum

Price is up nearly 10% today with strong upside volume.

MA(5) > MA(10): bullish short-term trend.

Price is consolidating slightly below 24h high ($0.7231) — watch for breakout.

Strong buy volume suggests continued interest.

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📍 Key Levels to Watch

Type Level Details

Resistance 1 $0.7231 24h high – key breakout level

Resistance 2 $0.7267 Depth/Orderbook resistance

Support 1 $0.7112 Intraday pullback level

Support 2 $0.6958 Bullish support zone

Support 3 $0.6800–0.6530 Major bounce zone (24h low & orderbook)

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⚙️ Trade Ideas

🟢 Momentum Long – Breakout Setup

Entry: On break and close above $0.7231

Target 1: $0.7350

Target 2: $0.7500+

Stop Loss: $0.7080

> Look for volume confirmation on breakout. Can also scale in above $0.726.

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🔁 Pullback Buy – Trend Continuation

Entry: $0.6950–$0.7050 zone

Target: $0.7230

Stop: Below $0.6800

> Ideal for catching a dip in an ongoing bullish trend. Watch for bullish candle confirmation on lower timeframes (15m/1h).

🔻 Short – Rejection Trade

Trigger: Rejection wicks at or just above $0.7230

Entry: $0.7220–$0.7180

Target: $0.6950 → $0.6800

Stop: Above $0.7280

> Useful if price fails multiple times at the top resistance and volume weakens.

📉 Volume & Moving Average Insight

Volume is moderate with steady increase toward the highs.

Bullish MA crossover shows trend continuation probability is high.

Look for breakout volume spikes on the 15m or 1h charts to confirm breakout attempts.

🧠 Summary

Bias: ✅ Bullish

Momentum: Increasing

Watch for: Break above $0.7231 or pullback to $0.6950

Risk Level: Medium – intraday traders should monitor closely for breakout confirmation or failure.

#FET #Write2Earn