📈 Trend Analysis for FET/USDT:
1. Current Price: $2.136 (📊 Up +6.75% in 24H).
2. Moving Averages:
• MA(7): $2.072 (Bullish signal, price is above short-term average).
• MA(25): $1.962 (Strong upward momentum).
• MA(99): $1.625 (Long-term trend supports growth).
3. Volume:
• Increased trading volume signals strong buying interest.
• 24H Volume: 113.74M FET / $234.54M USDT.
4. 24H High/Low: $2.195 / $1.870.
• Current price is near the 24H high, indicating buyers are in control.
5. Indicators:
• RSI (not shown): Likely approaching overbought territory; cautious optimism is advised.
• MACD: Momentum looks bullish but may cool if volumes decline.
🚦 Trade Signals:
🔷 Long-Term Investors: #HODL 💎🙌
• Price action remains strong with a 100%+ gain over 90 days.
🔶 Swing Traders:
• Entry Zone: Consider dips around MA(25) ($1.96) for better risk-reward.
• Profit Target: Next resistance at $2.25–$2.30.
🔺 Caution:
• If price drops below $1.90, bearish momentum may kick in. Use stop-loss at $1.87.
📢 Summary:
FET/USDT is riding a strong bullish wave 🌊🚀! With growing volumes and momentum, this trend could continue, but keep an eye on resistance at $2.20+ and watch for corrections.
