FET/USDT expecting bullish reversal from OB? 👀🚀FET analysis
💎 Paradisers, #FETUSDT is showing signs of a potential bullish reversal from the Bullish Order Block, currently trading in a demand zone. We anticipate that the price might break through this level and initiate an upward continuation to our specified targets.
💎 Importantly, #FETCHAI has been adhering to a descending channel and has respected the channel's trendline twice. We expect a bullish reversal from the Bullish OB at $1.5600, provided it can sustain momentum at this level, making it a potentially strong entry point. Another scenario to consider is if the price breaks below the Bullish OB; in that case, we might see a bullish rebound from a lower demand level at $1.2440.
💎 However, if #FET loses momentum and drops below the demand level of $1.2440, the likelihood of a prolonged bearish trend increases, which could push it to even lower support levels. In such unpredictable market conditions, staying vigilant and employing strategic trading tactics is essential for success.
MyCryptoParadise
iFeel the success🌴
💎 Importantly, #FETCHAI has been adhering to a descending channel and has respected the channel's trendline twice. We expect a bullish reversal from the Bullish OB at $1.5600, provided it can sustain momentum at this level, making it a potentially strong entry point. Another scenario to consider is if the price breaks below the Bullish OB; in that case, we might see a bullish rebound from a lower demand level at $1.2440.
💎 However, if #FET loses momentum and drops below the demand level of $1.2440, the likelihood of a prolonged bearish trend increases, which could push it to even lower support levels. In such unpredictable market conditions, staying vigilant and employing strategic trading tactics is essential for success.
MyCryptoParadise
iFeel the success🌴
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