FET/USDT Chart Analysis and Trade Setup.
FET/USDT has broken out of a descending trendline, confirming bullish momentum.
The consolidation along the trendline suggests a potential continuation toward the target.
The price has reclaimed the moving average (purple line), which now acts as dynamic support, strengthening the bullish case.
Around $1.27 after a successful retest of the breakout level.
Below $1.24 to minimize downside risk.
Take Profit Levels:
TP1: $1.50 (interim resistance)
TP2: $1.62 (major target)
Ensure a steady increase to confirm breakout strength.
Watch for overbought conditions near $1.60.
FET/USDT has strong bullish potential after the breakout. A well-placed stop loss and high reward potential make this a favorable trade setup. Monitor closely for volume and momentum confirmations.
DYOR, NFA
@Peter_CSAdmin
The consolidation along the trendline suggests a potential continuation toward the target.
The price has reclaimed the moving average (purple line), which now acts as dynamic support, strengthening the bullish case.
Around $1.27 after a successful retest of the breakout level.
Below $1.24 to minimize downside risk.
Take Profit Levels:
TP1: $1.50 (interim resistance)
TP2: $1.62 (major target)
Ensure a steady increase to confirm breakout strength.
Watch for overbought conditions near $1.60.
FET/USDT has strong bullish potential after the breakout. A well-placed stop loss and high reward potential make this a favorable trade setup. Monitor closely for volume and momentum confirmations.
DYOR, NFA
@Peter_CSAdmin
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.