If momentum holds steady, we could see FET testing the 0.38 level. The price action suggests buyers are maintaining interest in the upside. Key is whether this consolidation can translate into sustained buying pressure above current resistance. Watching the volume metrics closely—a breakout would need confirmatory volume to make a convincing case for the next leg higher.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
OnChain_Detective
· 01-07 13:10
hold up... let me pull the data on this volume pattern. 0.38 breakout? nah nah nah, pattern analysis suggests we're seeing typical pump setup without the confirmatory metrics, remember folks always DYOR. wallet clustering shows suspicious accumulation before these moves fr
Reply0
BoredRiceBall
· 01-06 17:44
0.38 really can break? Seems like the recent trading volume has been a bit weak.
View OriginalReply0
NFTragedy
· 01-05 14:57
Breaking below 0.38 depends on volume; without volume, it's all fake.
View OriginalReply0
ETHReserveBank
· 01-05 14:53
0.38 needs to be broken through, otherwise it's all pointless
View OriginalReply0
CryptoWageSlave
· 01-05 14:44
Wait, can 0.38 really break? Feels like this correction is a bit weak.
View OriginalReply0
ProbablyNothing
· 01-05 14:35
It seems that breaking the level depends on volume; otherwise, it's all just empty talk.
FET/USD Technical Outlook
If momentum holds steady, we could see FET testing the 0.38 level. The price action suggests buyers are maintaining interest in the upside. Key is whether this consolidation can translate into sustained buying pressure above current resistance. Watching the volume metrics closely—a breakout would need confirmatory volume to make a convincing case for the next leg higher.