🪙 Analysis and Follow-up on Currency $FET (Fetch.ai) – Buying Opportunity⚡️
🔹 Current Purchase Price: 0.245
🎯 Targets:
🎯 First Target: 0.275
🎯 Second Target: 0.310
🎯 Third Target: 0.350
🛑 Stop Loss: 0.225
📌 Let's talk a bit about the currency:
Fetch.ai is a project focused on artificial intelligence and Web3 through smart agents that facilitate the automatic execution of tasks within decentralized networks. The current price of 0.245 is close to important support areas and shows a good accumulation opportunity before any stronger movement.
📊 Key Technical Indicators:
• RSI indicator is close to the neutral zone, allowing for upward movement without saturation.
• MACD indicator is attempting to give a positive crossover, signaling improvement in momentum.
• Trading volume is relatively stable and indicates accumulation.
• Short-term trend direction is tilted upward after stabilizing above support.
💡 Advice:
Entry should be gradual, and dividing the quantity is better, especially in such price areas.
⚠️ Alert:
Breaking the level of 0.225 with a clear close could change the scenario, so adhering to the stop loss is essential.
