Downtrend Broken, Target Reached

In previous analyses, we mentioned the importance of the $0.57 support level for FET. The token bounced from this level and successfully broke through its descending trend line. This rally has now reached the short-term target of $0.70, indicating strength in price action.

This breakout suggests that bulls have regained control, opening the door for further upside in the short term.

$0.70 Resistance Now in Focus

With the $0.70 level now being tested as resistance, the next technical target could be $0.75 or higher — provided there’s a solid breakout backed by volume. Continued buying pressure could strengthen market confidence and support further gains.

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Still, traders should be cautious of potential rejections at key resistance points, which may lead to temporary corrections.

Support Range Between $0.65 and $0.61

On the downside, the closest support range lies between $0.65 and $0.61. Holding above this range is crucial for sustaining bullish momentum. If FET can consolidate here, it may offer new entry points for investors seeking exposure to this trend.

As always, monitoring price reaction at support and resistance zones is key for informed decision-making.

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The post FET Price Analysis: Uptrend Confirmed, Next Target in Sight appeared first on Coin Engineer.

Our analysis shows that FET has touched the descending trendline resistance on the 4-hour chart. The price reaction from this level will likely determine its next direction.

Breakout Could Target $0.75 and Above

If this descending trend is broken with strong volume, the price could gain upward momentum toward the $0.75 zone and potentially beyond. A successful breakout would indicate a shift in short-term market sentiment toward the bulls.

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In such a case, buyers might regain control, pushing FET back toward previously tested resistance levels.

Rejection Brings Focus to $0.65–$0.61 Support Zone

However, if FET gets rejected at this level, a retracement toward the $0.65–$0.61 range could follow. This area serves as both psychological and technical support and is critical for maintaining the current structure.

The next few candles and trading volume will likely reveal whether this trendline marks a reversal or continuation point.

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The post FET Faces Key Resistance: Will It Break or Retrace? appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 0.55% in the last 24 hours, currently trading at $95,947. Bitcoin (BTC) has broken the resistance level mentioned in our November 27th analysis and is continuing its upward movement. If it keeps rising, it could face resistance in the FVG region, ranging from $96,500 to $98,000. A 4-hour closing above this level will push the price toward the ATH resistance zone. Key support levels are at $94,700 and $91,213.

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Ethereum (ETH): The ETH/USDT pair has lost 1.86% in the past 24 hours and is currently trading at $3,567. Resistance levels for ETH are at $3,649 and $3,886. Support levels are at $3,527 and $3,440.

Algorand (ALGO): The ALGO/USDT pair has surged by 20.37% in the last 24 hours, currently at $0.34. Resistance levels are at $0.36 and $0.39. Support levels are at $0.328, with deeper corrections possible at $0.31.

Artificial Superintelligence Alliance (FET): The FET/USDT pair has gained 10.71% in the last 24 hours, trading at $1.63. Resistance levels are at $1.71 and $1.74. Support levels are at $1.56, with further downside potential at $1.53.

Render (RENDER): The RENDER/USDT pair has increased by 7.47% in the past 24 hours, currently priced at $8.74. Resistance levels are at $8.96 and $9.33. Support levels are at $8.28, with a deeper drop possible at $7.46.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Hyperliquid (HYPE), Virtuals Protocol (VIRTUAL), and Grass (GRASS). The biggest gainers include ai16z (AI16Z), Virtuals Protocol (VIRTUAL), and Act I The AI Prophecy (ACT). The biggest losers are Just a chill guy (CHILLGUY), Fwog (FWOG), and Echelon Prime (PRIME).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the key liquidation level on the higher side is $97,844, with $31 million in liquidations. On the lower side, $94,827 is the main liquidation level, with $37 million in liquidations.

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The post Current Status of Bitcoin and Cryptocurrencies: November 29 appeared first on Coin Engineer.