Hereโs a technical breakdown and trade outlook for $FET /USDT
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๐ค FET/USDT Overview
Metric Value
Current Price $0.799 (โผ 2.20%)
24h High / Low $0.834 / $0.783
24h Vol (FET) 23.32M
24h Vol (USDT) $18.81M
MA60 (15m chart) $0.790
Latest Volume Spike 5,526.8
MA(5)/MA(10) 14,126.8 / 11,196.0
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๐ Technical Analysis
Price above MA60: Currently trading slightly above its 60-period moving average โ indicates short-term bullish bias if support holds.
Declining but stabilizing: Price dropped from recent highs but now shows signs of sideways consolidation around $0.79โ$0.80.
Support Holding at $0.783: Previous bounce zone; decent demand area for short-term entries.
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๐ Key Levels
Support Resistance
$0.783 (24h low) $0.801 (short-term resistance)
$0.775 (stronger support) $0.834 (24h high)
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๐ง Sentiment & Volume
Moderate-to-Strong Volume: Over $18M in USDT traded โ showing active participation despite price drop.
Flat MA5/MA10 cross: Neutral volume direction; looking for stronger conviction from bulls.
Downtrend Cooling: If price sustains above $0.79โ$0.80, the next target could be a push to $0.82+.
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โ๏ธ Trade Plan
Strategy Details
Range Buy Buy near $0.785โ$0.790, take profit at $0.820โ$0.830
Momentum Buy Entry above $0.801 with strong candle + volume confirmation
Breakout Play Break and hold above $0.834 = bullish continuation setup
Stop-Loss Below $0.775 (last swing low zone)
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โ Summary
FET is currently testing a support zone while consolidating above its 60-period average. If bulls hold $0.790 and reclaim $0.801+, momentum could push price back toward the recent highs at $0.834. Risk/reward is favorable for short-term swing or momentum plays with close stop-losses.