🚨 $FET ALERT: Bullish Momentum Building – Can It Break Higher? 🚨
Fetch.ai ($FET ) is trading at $2.152, with a solid daily gain of +6.96%. After reaching a 24-hour high of $2.194, FET shows bullish strength, but it is approaching key resistance levels. Here’s the analysis and key targets to watch for potential opportunities.
📊 Key Levels to Monitor
🔹 Resistance Zone: $2.200
FET is testing its resistance near $2.200. A breakout above this level could confirm bullish momentum.
🔹 Support Zone: $2.050
The $2.050 level serves as immediate support. A bounce from here would indicate strong buyer interest.
📈 3 Key Targets for $FET
1️⃣ First Target: $2.250
If FET breaks above $2.200, the first target is $2.250, a key resistance zone from previous price action.
2️⃣ Second Target: $2.350
Sustained bullish momentum could push FET toward $2.350, marking the next significant level for mid-term traders.
3️⃣ Third Target: $2.500
In a strong breakout scenario, FET could aim for $2.500, a major psychological and technical milestone.
⚠️ Market Insight
With a 24-hour trading volume of $122.10M, FET is attracting significant attention. However, traders should stay cautious as increased volatility could occur near the $2.200 resistance. Watch for confirmation of a breakout or a potential retracement to $2.050.
💬 What’s your strategy for $FET? Will it hit $2.500 or retrace from here? Share your analysis below!
#FETAnalysis #FetchAi #CryptoSignals #BinanceInsights #Share1BNBDaily