FET good moment buy or sell?

FET is a good time to buy or sell?

We will answer this question based on just analyzing the chart, first we can see that we have a resistance of 0.83 - 0.87 USDT.

At that point we start a correction where we can review a good support at 0.53 usdt.

MACD remains bearish on 1d chart in periods 12-26

I would try to buy FET at 0.53 usdt and wait for the MACD to turn bullish, in simple terms the FAST Longitude line which is blue remains above the Long which is orange. If the MACD is not bullish, we will hit the safe stop, and maybe a rebound will happen there.

But buying at 0.53-0.60 we already have good support

Stop loss is 0,34

Exchange FETUSDT 1d Binance
Price: 0.62| 0.66| 0.68
Vol: 24,506,199|49,609,063|137,422,710
ATR: 0.0984

✅OBV: 293.0 M| 317.5 M| 367.1 M
⚪️RSI: 48.50| 51.85| 54.49
⚪️MFI: 34.29| 41.39| 48.20
⚪️CCI: -91.39| -59.10| -38.36
❌WR%: -70.82| -53.31| -40.03
✅ADX: 32.68| 33.95| 35.04

❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
✅ADI: +DI >DI BULLISH
❌MACD: Bearish
✅PSAR: Bullish

Support And Resistance
S: $0.596
R: $0.618
R: $0.655
R: $0.681
R: $0.708
R: $0.779
R: $0.810
R: $0.820

Volatility is very high

EXPERIMENTAL 🧪
🐂RSI: Bullish divergence
🐂MFI: Bullish divergence
🐻FVE: Bearish divergence
🐂Volume: Bullish Volume Trend