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Now, let’s dive into this chart analysis:
FET is down 80% from its all-time high and is currently holding support at $0.712. If this support holds strong, the price is likely to rebound to $3-$4.
The RSI is close to the oversold zone and is forming a hidden bullish divergence, indicating a bullish signal for FET.
Key levels:
- Accumulation: $0.460 to CMP - Primary Resistance: 21 EMA at $1.424 - First Target: $3-$4 - Higher Target (Long-term): $10-$12
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