Key Support Zone at $0.45 – $0.59:
FET is currently trading near this crucial accumulation area, historically acting as a strong demand zone. A bounce from this level could trigger a bullish reversal.
Upside Target: $2.14 – $3.46
If the price holds above support and breaks resistance, potential targets include:
$2.14 (First major resistance)
$2.84 (Intermediate target)
$3.46 (Full breakout potential)
Risk Level at Below $0.45:
A breakdown below $0.45 could invalidate the bullish outlook and signal further downside.
Action Plan:
Monitor price action around the $0.60 region. If bullish momentum builds, a breakout towards higher targets could be in play.