⚠️ $FET /USDT – Consolidation Near Key Support! 🧐
Price: $0.662 (▼ -3.92%)
24h High / Low: $0.703 / $0.659
24h Volume:
FET: 21.92M
USDT: 14.90M
Order Book Depth:
Resistance: 0.692 / 0.730
Support: 0.615 / 0.577 / 0.539
🕒 Data Timestamp: 2025-06-29 21:00
📉 Momentum Analysis
FET is showing mild bearish pressure after rejecting the $0.703 level. Price is hovering just above key support, suggesting a consolidation phase. Volume remains moderate, indicating uncertainty among traders.
🎯 Long Setup (If Support Holds)
Entry Zone: $0.645–$0.662
Targets:
T1: $0.692
T2: $0.730
T3: $0.765
Stop Loss: $0.615 (below recent support)
❌ Breakdown Scenario
If price loses $0.615 with volume, next supports are $0.577 and $0.539 — avoid fresh longs in that case.
✅ Breakout Confirmation:
A clean breakout above $0.703 with strong volume flips momentum bullish again.
🛡 Key Support to Watch:
$0.615 (major structure)
$0.577 (last line before deeper drop)
💡 Pro Tip for Traders:
Patience pays here — let price reclaim $0.69 before going heavy long. Ideal for range scalping between $0.615–$0.692 until breakout or breakdown confirms.