๐ FET Weekly Breakout Update โ Eyes on the Next Leg!
FET has successfully broken out of the falling wedge structure, a strong bullish reversal pattern. Price is currently hovering near the breakout level, preparing for a potential retest.
๐ Key zone to watch: $0.68โ$0.72
This area aligns with the 0.618โ0.5 Fibonacci levels and should act as strong support during any pullback.
๐ If the retest holds, next targets are:
๐ฏ Target 1: $1.259
๐ฏ Target 2: $1.677
Momentum is building โ a bounce from the demand zone could trigger a new impulse wave upwards.
๐ Key zone to watch: $0.68โ$0.72
This area aligns with the 0.618โ0.5 Fibonacci levels and should act as strong support during any pullback.
๐ If the retest holds, next targets are:
๐ฏ Target 1: $1.259
๐ฏ Target 2: $1.677
Momentum is building โ a bounce from the demand zone could trigger a new impulse wave upwards.
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Subscribe to my Telegram Channel ๐ :
t.me/addlist/y5mi70s3c0Y3MDQ0
Subscribe to my X ๐ : x.com/VIPROSETR
t.me/addlist/y5mi70s3c0Y3MDQ0
Subscribe to my X ๐ : x.com/VIPROSETR
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.