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#MyFirstSquarePost  Nuovo su Binance Square, entusiasta di condividere e connettermi con tutti qui!

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# FET$ on the daily timeframe shows an interesting setup that may be signaling a potential trend reversal after a prolonged downtrend. Here are a few key observations: Long-term descending trendline The price has been consistently rejected from this diagonal resistance since early 2024, forming a strong bearish structure. Strong horizontal support Around the $0.30 level, the price has found multiple rejections and consolidations, showing buyers defending this zone. Possible breakout attempt The recent candles indicate that FET is testing or slightly piercing above the downtrend line, hinting at a breakout confirmation if volume sustains. Bullish target zone The green box likely marks a potential profit zone, targeting somewhere around $0.90–$1.20, which aligns with previous resistance levels. Volume uptick A slight increase in trading volume can be seen, suggesting buying interest returning.

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This chart for GIGGLE/USDT is showing a strong bullish momentum and clear uptrend confirmation. Here’s a quick breakdown of what’s happening: Technical Overview Current Price: 191.98 USDT 24h Change: +41.16% that’s a huge daily gain, showing strong buyer activity. 24h Range: 116.00 196.00 very wide, meaning high volatility and strong market interest. Volume: 1.53M GIGGLE solid trading volume supporting the move. Moving Averages (MA) MA(7): 183.39 MA(25): 167.82 MA(99): 141.04 → The short-term MA is clearly above the medium and long-term MAs — a classic bullish alignment (a “golden cross” setup). → The price is well above all these averages, which confirms the ongoing uptrend but also suggests it might be slightly overextended in the short term. Candlestick Action The last few candles show strong green momentum, though the latest one has a slight upper wick, suggesting mild resistance near 196.00, which was the 24h high. There could be a short-term pullback or consolidation between 183–190 before another push upward. GIGGLE/USDT is in a strong bullish phase, with momentum fueled by high volume and clear technical alignment. However, traders should watch for short-term resistance near 196 and potential consolidation before the next leg up. Would you like me to give a short-term price forecast or potential entry/exit strategy based on this chart?

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Ultime notizie

Significant SOL Transfer from Fireblocks Custody to Anonymous Address

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Ethereum(ETH) Drops Below 3,000 USDT with a 4.73% Decrease in 24 Hours

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Exodus CEO Predicts Bitcoin Price Surge by 2026

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