FET 4H – Approaching Key Downtrend Breakout Level

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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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