🤖FET/USDT🤖

✔️ $FET , which is seen as one of the strongest projects of #AI assets, has moved its price to $ 3.48 with its latest rise, after its impressive performance over the past 2 months, creating a new ATH and local peak for itself. For about a week, FET, like the general crypto markets, has been in a correction phase and the price has been in a downward trend. Looking at the 4-hour chart, FET is currently at a support level and the RSI indicator shows us that FET is almost in the oversold zone.

✔️ Although I think the current price is at a reasonable level for FET under normal circumstances, the price may not have reached the bottom yet due to the falling trend we observe in the BTC and TOTAL charts. If BTC, and especially the TOTAL3 chart, continues its downward trend structure in recent days, our first main support zone for FET looks like $2.35 - $2.40. If the price wants to go up from here, it will want to break the falling trend and if successful, I think the price will try to buy the liquidity in the resistance areas I showed on the chart.

✔️ In times like these, risk management and gradual purchasing are the best friends of us investors. It would be the most logical move for us to invest in the $FET and #altcoin markets according to the course of the #Total2 and #total3 charts.

❗️ What I write here is my own opinion and is not investment advice. #dyor