Long

Eyes on FET – The Calm Before the Bullish Storm?

previously broke out of a clean descending channel, flipping the trend and shifting into a bullish structure. Since the breakout, the price has been forming consistent higher highs and higher lows — a clear sign of growing momentum. Right now, it’s testing a local resistance zone. A strong breakout above this level could trigger a significant move to the upside, potentially setting the stage for a new bullish leg. Keep an eye on volume confirmation and price action at the resistance.

As always, manage your risk carefully — smart stop loss placement is key in volatile markets. Let the trend be your friend, but don’t forget your seatbelt!  

Currently trading at $0.8  

Buy level : Above $0.8

Stop loss : Below $0.63

Target : $2.1

Max leverage 3x

Always keep stop loss   Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts

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