Technical analysis by Cosmicbag about Symbol FET: Buy recommendation (2/21/2025)

FET 8H chart--Same structure building as last timeBULLISH SCENARIO: from this range we continue up to the next "high traffic" area ($1.20-1.50). This would be a 50% move or so, def an area to take profit. If $1.20-1.50 gets flipped and holds, price should move up into the trendline.BEARISH SCENARIO: Price rejects here and moves down to stophunt the FEB low around .60. This is where we should see a nice reaction to the upside.Thanks for reading!