đš $FET /USDT Trading Alert! đ
Current Price: $1.539
FET has shown a robust uptrend as observed in the 15-minute chart, breaking out above the psychological level of $1.5 with significant momentum. Here's the breakdown of the key trading levels:
Resistance Level: The immediate resistance is at $1.560, marked by the recent high. A push above this could signal further bullish momentum.
Support Level: Current support is forming at $1.500, aligning with the previous breakout point. This level now acts as a key base for any pullbacks.
Trading Strategy:
Long Trade: Enter a long position if the price holds above $1.539, targeting a rise towards $1.560 and potentially higher if the upward trend continues.
Stop Loss: Set a stop loss around $1.500 to protect against any sudden reversals below this key support level.
Keep an eye on volume as an increase can confirm the strength behind the move, ensuring a more reliable entry. Happy trading and let's catch those gains! đ
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