A classic Cup & Handle pattern seems to be developing on the $FET / USDT chart — a powerful bullish signal that traders love to see! 💥
Currently trading around $0.8009 (+4.92%), $FET is testing a key resistance level (neckline). This zone has historically acted as a rejection point, but with the right momentum, a breakout could be just around the corner! 🚨
🔍 What to Watch:
A small pullback might occur before the next leg up — typical in this pattern.
The breakout confirmation would come with high volume pushing past resistance.
BTC’s movement is critical: if Bitcoin continues sideways or pumps, altcoins like could thrive.
But beware — a BTC dump could invalidate this setup and pull down with the marke
📊 Technical Summary:
Pattern: Cup & Handle
Resistance Level: ~$0.80 (neckline zone)
Breakout Potential: Bullish
Trend Catalyst: BTC Stability or Rally
Has Altcoin Season finally started? Time will tell — but is looking ready to run if conditions align! 🌟$FET
#FET #CryptoCharts #CupAndHandle#AltcoinSeasonLoading #BinanceHODLerERA #BTCWatch #ETHBreakout3.5k #PowellVsTrump
