FETUSDT: Is a Major Move on the Horizon, or Will It Retrace?
Yello, Paradisers! Could #FETUSDT be setting up for a major move, or is a reversal on the horizon?
💎#FETUSDT has been a strong performer recently, riding an uptrend with impressive gains. After a rejection at a strong support level led to a downtrend, we saw a significant accumulation phase. This accumulation was the launch-pad for the current surge, with FETUSDT reclaiming its previous support, now acting as resistance.
💎Looking ahead, there's a probability of the pair retracing back to the support-resistance zone around $1.161-$1.103. If it does, expect to see minor resistance at $1.348, followed by a more significant challenge at $1.485. With strong volume, FETUSDT might even push towards $1.677.
💎However, there's also a chance that the pair could continue its run without retracing to the support-resistance zone, potentially facing these resistance levels on its way up. But if the price loses its support-resistance level and closes below $1.056, this would invalidate our bullish outlook, signaling a possible reversal.
Keep an eye on these key levels, and trade smart! The next moves could be crucial for FETUSDT.
Stay sharp, Paradisers. The market’s volatility means that only those with disciplined strategies will prevail. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎#FETUSDT has been a strong performer recently, riding an uptrend with impressive gains. After a rejection at a strong support level led to a downtrend, we saw a significant accumulation phase. This accumulation was the launch-pad for the current surge, with FETUSDT reclaiming its previous support, now acting as resistance.
💎Looking ahead, there's a probability of the pair retracing back to the support-resistance zone around $1.161-$1.103. If it does, expect to see minor resistance at $1.348, followed by a more significant challenge at $1.485. With strong volume, FETUSDT might even push towards $1.677.
💎However, there's also a chance that the pair could continue its run without retracing to the support-resistance zone, potentially facing these resistance levels on its way up. But if the price loses its support-resistance level and closes below $1.056, this would invalidate our bullish outlook, signaling a possible reversal.
Keep an eye on these key levels, and trade smart! The next moves could be crucial for FETUSDT.
Stay sharp, Paradisers. The market’s volatility means that only those with disciplined strategies will prevail. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Note
BOOM ! #FETUSDT is up nicely 20.07% from what just we predicted.
Note
BINGO! #FETUSDT just did what we predicted. Up nicely and faced 2nd Resistance.
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