Coin Name: #FET
Position: LONG
I can see that this chart shows the price action of FET against Tether USDT on a 4-hour timeframe. The asset has been trading within a descending channel, indicating a prolonged downtrend. Recently, the price broke out of the channel to the upside, suggesting a potential trend reversal. The yellow arrow projects a bullish breakout, anticipating higher highs possibly around the $0.75–$0.80 level. This breakout is often seen as a strong reversal signal after sustained downward pressure, supported by increasing bullish momentum.
Entry Price: 0.513 or Market Price
Targets:
1st TP 0.60
2nd TP 0.65
3rd TP 0.75
📌 Special Note:
🔥Spot Call🔥
⚠️ Use only 10% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
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