๐ข Analysis and Follow-up on Currency $FET (Fetch.ai) โ Buying Opportunity
๐น Current Purchase Price: 0.26๐๐๐
๐ฏ Targets:
๐ฏ First Target: 0.285
๐ฏ Second Target: 0.305
๐ฏ Third Target: 0.330
๐ Stop Loss: 0.235
๐ Let's Talk a Bit About the Currency:
Fetch.ai is an artificial intelligence project that combines blockchain and AI through a network of autonomous agents that provide smart solutions for cities, services, and applications. The current price of 0.26 is close to an important support level, which gives a good buying opportunity with a strong rebound potential if momentum returns to the sector.
๐ Key Technical Indicators:
โข RSI Indicator is in the neutral zone, indicating good room for upward movement without being overbought.
โข MACD Indicator is close to a positive crossover, which is usually a sign of the beginning of an upward momentum.
โข Trading volume is stable and indicates gradual interest.
โข The short-term trend has returned above support at 0.25, which is an excellent support for the continuation of positive movement.
๐ก Advice:
It is preferable to buy in stages, especially in AI currencies as they move quickly during news.
โ ๏ธ Warning:
If the price breaks 0.235 with a clear drop, it's better to reduce or temporarily exit as it may continue to take profits deeper
