FET is still being held back by the 0.75–0.80 zone, but bulls are not giving up. On the daily timeframe, a trend reversal is emerging based on the moving averages. A breakout above resistance could send the price toward the $1 area — a potential 50–60% gain, which looks quite attractive for a spot long. Support lies at 0.67–0.70. With multiple attempts to break through, there’s a strong chance the next test of the 0.80 zone will lead to a breakout.
Entry on confirmation above $0.80, targeting $1.20
Entry on confirmation above $0.80, targeting $1.20
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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.