Analyzing in detail the charts of $FET , the price is quoting at 0,1564 USDT after having recently touched a high of 0,1606 USDT and a daily low of 0,1474 USDT.
On the 15-minute timeframe, StochRSI is touching the bottom (around 11), which indicates a clear exhaustion of the decline after the pullback and leaves a perfect setup on our radar for a possible bullish rebound.
Key numbers to trade:
- Support to watch: The range between 0,1550 and 0,1560 USDT, where the local moving averages are trying to act as a shield to stop the drop.
- Resistance to break: 0,1582 USDT and the daily high of 0,1606 USDT, which mark the path toward recovery.
The ideal time to look for a Long entry is right now, making sure that the stochastic begins to curve upward or waiting for the price to confirm by breaking above the fast moving average.
$FET trade from here and it supports me
#FET #FETUSD #Binance
On the 15-minute timeframe, StochRSI is touching the bottom (around 11), which indicates a clear exhaustion of the decline after the pullback and leaves a perfect setup on our radar for a possible bullish rebound.
Key numbers to trade:
- Support to watch: The range between 0,1550 and 0,1560 USDT, where the local moving averages are trying to act as a shield to stop the drop.
- Resistance to break: 0,1582 USDT and the daily high of 0,1606 USDT, which mark the path toward recovery.
The ideal time to look for a Long entry is right now, making sure that the stochastic begins to curve upward or waiting for the price to confirm by breaking above the fast moving average.
$FET trade from here and it supports me
#FET #FETUSD #Binance
