FET Technical Analysis in Weekly Timeframe

8月14日Hello everyone, I’m Cryptorphic.
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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

DYOR, NFA.

Thanks

#Crypto #FetchAI