Yigit Taha OZTURK 
The recent wave of selling pressure in the cryptocurrency market has affected many altcoins, including FET, the native token of the artificial intelligence-focused blockchain project Fetch.ai. The price has retreated to a key support zone, a level that has historically attracted buying interest.
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According to market analysts, if a bullish breakout occurs at this level, FET may target the 0.78$ resistance once again. This price point stands out as a strong short-term resistance level, having acted as a ceiling in previous upward attempts.
If Support Breaks, 0.57$ May Be The Next Stop!
On the downside, if FET fails to hold this key support and breaks below, it may trigger a deeper correction. Technical indicators point to 0.57$ as the next likely strong support level. Historically, this price area has seen significant trading volume and is considered a major cushion in bearish scenarios.
Given the current market volatility, FET holders are advised to monitor global trends and technical signals closely. The broader movements of Bitcoin (BTC) and Ethereum (ETH) continue to influence altcoin behavior. While the market may hint at recovery, losing crucial levels could lead to further price deterioration.
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