Fetch.AI / TetherUS
Long
Updated

FET/USDT bullish momentum? 👀 🚀 FET Today analysis

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💎 Paradisers, turn your focus to FETUSDT, which is currently navigating within a demand zone, showcasing a pronounced likelihood of a bullish trajectory..

💎 FetchAI has consistently moved within a descending channel. However, recent activity suggests a retest of its support zone, followed by a bullish inclination. As it surpasses the EMA 55, the probability of sustained upward momentum becomes more pronounced. Here are the potential scenarios to consider:

💎 If it approaches the .2119 threshold, there's a higher probability that it might aim for elevated levels. Interestingly, despite many novices potentially shorting this coin around this level, the odds lean towards a bullish outcome. Should it further ascend past the .2278 supply level, the probability of it nearing the resistance zone increases.

💎 On the flip side, if FET price descends below the .1991 support mark, the likelihood of a bearish downturn becomes more significant. As always, it's crucial to approach the market with a blend of strategic insight and caution.
Trade closed: target reached
💎 Spot on again! #FETUSDT has climbed 41.98%!
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