📊 $FET

Technical Analysis for FET/USDT Pair on Binance

Current Market Status:

Price: $1.305 (+11.54%)

24h High: $1.344

24h Low: $1.160

Volume (24h):

FET: 56.53M

USDT: 71.94M

Resistance Levels: $1.344 (recent high)

Support Levels: $1.258 (recent low from order book depth)

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Potential Targets 🎯

1. Target 1: $1.35

Rationale: The immediate resistance lies near $1.344. If the price sustains above $1.305 and breaks $1.344, $1.35 is a short-term achievable level.

Action: Watch for volume surges near this level, indicating strong buy pressure.

2. Target 2: $1.42

Rationale: If the bullish momentum continues, the next target aligns with Fibonacci retracement or historical resistance levels. This is a medium-term target.

Action: Look for confirmation above $1.35 before entering new positions.

3. Target 3: $1.50

Rationale: $1.50 represents a psychological barrier and a strong resistance area in previous trading sessions. Achieving this level could mark a significant breakout.

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