๐ $FET /USDT is gaining serious traction!
๐น Current Price: $0.766
๐ 24H Gain: +8.81%
โ๏ธ Sector: Infrastructure / AI
๐ง Fetch.ai is riding the AI narrative hard โ bouncing from the $0.548 low to todayโs breakout range.
๐ Technical Breakdown:
โข RSI is near 68 โ approaching overbought but not exhausted yet.
โข MACD just crossed bullish on the 4H and daily chart โ confirming momentum.
โข Volume is above 7-day average โ clear sign of accumulation.
โข 200 EMA is being reclaimed, signaling a longer-term trend shift.
๐ฝ Support: $0.730 / $0.705
๐ผ Resistance: $0.795 โ $0.861 โ $0.935
๐ฅ Short-Term Target: $0.90+ still valid if momentum holds.
๐ Alternative Scenario: If it fails to break $0.861 cleanly, expect a pullback to $0.705 before next leg up.
๐งฉ Bias: Bullish, but caution advised near resistance โ partial profit-taking above $0.86 is reasonable.