🚀 Fetch.ai ($FET ): Time to Long or Wait for Correction?

#fet.ai #CryptoAi #BinanceFeed

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📈 Daily/Weekly Technical Summary

• Technical Recommendation: “Strong Buy” daily; neutral 👍 for weekly–monthly

• Current Price: ≈ $0.74–$0.79, consolidating near SMA50 (~$0.77)

• RSI & Oscillator: RSI ~56 (neutral), MACD starting to crossover upwards = short-term bullish signal

• Pivot & Support/Resistance:

• Support: $0.74–$0.76 (S1–S2)

• Resistance: $0.80–$0.82 (R1–R2)

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🟢 Position Scenarios & Timing

1. Conservative Entry (Buy the Dip)

• Enter in the zone $0.74–$0.76 when price touches support

• Stop-loss below $0.72 (S3)

• First target: $0.80, then $0.82–$0.85

2. Breakout Entry

• Enter when price closes/breaks out >$0.80–$0.82 with volume

• Stop-loss if breakout fails (below $0.79)

• Target: $0.90–$1.00

3. Exit Position (Take Profit / Cut Loss)

• Take partial profit at conservative target ($0.80–$0.82)

• Trailing stop for aggressive portion after breakout

• Cut loss if price breaches support below $0.72

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📊 Strategy Conclusion

• Technical sentiment + indicators support short-term bullish

• Enter position when price retraces to support or after valid breakout

• Discipline: use stop-loss & risk management, and take profit gradually