💎 FET has certainly captured the market's attention with its notable performance. At present, FET is experiencing consolidation within the supply zone. Typically, consolidation at higher levels can indicate a distribution phase, suggesting a potential downturn for a corrective test at the demand levels between $0.308 and $0.277.
💎 This observation comes from the fact that FET has not yet undergone a retesting phase following its breakout above the supply area. Should the asset retrace to these demand levels, a significant bounce could be anticipated, probability of FET toward the target supply zones and beyond.
💎 However, should FET revisit the demand zone without showing signs of a strong rebound—failing to reject lower prices—it could signal a loss of the demand area. Such a development would indicate bearish momentum for FET, opening the door for a possible descent to lower demand levels and potentially revisiting the key support area.
💎 This observation comes from the fact that FET has not yet undergone a retesting phase following its breakout above the supply area. Should the asset retrace to these demand levels, a significant bounce could be anticipated, probability of FET toward the target supply zones and beyond.
💎 However, should FET revisit the demand zone without showing signs of a strong rebound—failing to reject lower prices—it could signal a loss of the demand area. Such a development would indicate bearish momentum for FET, opening the door for a possible descent to lower demand levels and potentially revisiting the key support area.
Trading ditutup: target tercapai
Bingo! #FET is dancing to our tune, up 66.50% just like we predicted.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.