$FET is already in good pumping momentum and is trading up about 7.90%. The price is consolidating for a breakout by testing the local high.
FETUSDT
Perp
0.2118
-0.93%
📌Trading setup : Entry: 0.2075
🎯TP1 : 0.2200
🎯TP2 : 0.2350
👉Stop Loss : 0.1940
Reason for Trade:
* Strong parabolic uptrend and higher high structure is in place as per the 1-hour chart.
* Price is successfully holding above the local resistance at 0.2050 zone after breaking it.
* Good buying volume is being observed in recent candles, indicating the strength of buyers.
* Market sentiment is quite positive at the moment due to artificial intelligence or AI narrative.
The market is volatile, so you have to manage your own risk.