I am building a position in the range $0.21-0.22 with targets for recovery to $0.32 in the coming month. Price and trend: Currently trading in the zone $0.21 – $0.23. The price is moving within a broad descending channel, but we are approaching a critical turning point.

Support: Reinforced concrete level — $0.20. As long as we stay above, the bullish scenario remains relevant.

Resistance: The main target for a breakout is $0.24. If we close the day above, the path opens up to $0.30 and above.

RSI: It is in the neutral zone (around 54), which means there is no overbought condition. There is room for a strong upward movement.$FET

FET

0.2084

-3.11%

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