One of the most notable moves in the crypto market today came from Fetch.ai, which announced a $50 million token buyback program. Following the news, FET gained nearly 6%, drawing strong attention from traders and investors alike.
Rebound from a Strong Support Zone
After the announcement, the price rebounded from the key support range between $0.65 and $0.61, touching the resistance of the downward trendline. While there’s no confirmed breakout yet, a volume-backed move above this trend could open the door toward the $0.75 level.
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What Levels to Watch Next?
If FET breaks above the trendline with strong momentum, the next target would likely be $0.75. On the flip side, if the support range is lost, the next major support is at $0.57.
Volume remains the key factor to watch, as it may determine the direction of the next major move.

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