đź’ŽAttention, Paradisers! #FetchAI has made a significant bullish breakout from a symmetrical triangle, solidifying its stance at the $2.179 support. Currently, we're heading for another test against the falling resistance of the triangle.
đź’ŽIf #FET fails to maintain the $2.179 support and dips below, be prepared for a potential extension of the bearish trend. The crucial demand zone at $1.858, renowned for triggering strong bullish recoveries due to its robust liquidity, will be our next focus.
đź’ŽShould FET revisit this demand zone, it needs to secure a solid rebound to sustain support. Failure to rebound could amplify bearish pressures, worsen market sentiment, and lead to further price declines.
đź’ŽStay nimble and alert, Paradisers. Your ParadiseTeam is keenly observing and ready to navigate you through the unpredictable waters of the #FetchAI market.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.