FET is trading just below its long-term descending trendline, a level that has capped multiple rallies since mid-2024. Price action is tightening, suggesting a potential breakout or rejection in the coming sessions. Momentum is neutral on the Stoch RSI, leaving room for either direction. A confirmed breakout above $0.77 could target $0.88–$0.90, while rejection would likely see a pullback toward $0.68 support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.