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Technical analysis by Kat-Crypto-Street1 about Symbol FET: Buy recommendation (7/6/2024)

https://sahmeto.com/message/2164146
Kat-Crypto-Street1
Kat-Crypto-Street1
Rank: 12608
1.5
Buy،Technical،Kat-Crypto-Street1

FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs. Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1.5
Stop Loss Price
$0.97
Price at Publish Time:
$1.24
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