#Fetusdt $FET

The price is currently hovering slightly above the 200-period SMA at $0.883, which indicates potential bullish momentum. However, the recent pullback suggests that there could be a retest of this moving average.

The RSI is at 48.40, indicating neutral momentum. The market doesn't exhibit strong buying or selling pressure, which might suggest a consolidation phase.

The MACD line is at 0.017, slightly above the signal line at 0.013, indicating a bullish crossover. However, the momentum is not particularly strong and could reverse if selling pressure increases.

Bullish Scenario:
If the price can hold above the $0.883 level (the 200-period SMA) and move higher, the next targets could be around $0.95 and $1.00, where previous resistance levels are observed.

Bearish Scenario:
If the price fails to hold above the $0.883 level and dips below it, the price could drop back to previous support levels around $0.85 and $0.80.

Disclaimer: The analysis provided here is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and prices can change rapidly. Always do your own research and consider consulting with a financial advisor before making any investment decisions.

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