Short Term Buyers Archives - Coin Engineer https://coinengineer.net/blog/tag/short-term-buyers/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 12 Mar 2025 12:19:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Short Term Buyers Archives - Coin Engineer https://coinengineer.net/blog/tag/short-term-buyers/ 32 32 FET Rebounds From Support Zone! What Are the Targets? https://coinengineer.net/blog/fet-rebounds-from-support-zone-what-are-the-targets/ https://coinengineer.net/blog/fet-rebounds-from-support-zone-what-are-the-targets/#respond Wed, 12 Mar 2025 13:00:27 +0000 https://coinengineer.net/blog/?p=38300 As volatility persists in the crypto market, Fetch.AI (FET) recorded a 7% rebound from the $0.46 – $0.42 support zone on the daily chart. This sharp move has attracted short-term buyers, sparking curiosity about whether the price can push higher in the coming days. You Might Be Interested In: Elon Musk Talks About the Name

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]]> As volatility persists in the crypto market, Fetch.AI (FET) recorded a 7% rebound from the $0.46 – $0.42 support zone on the daily chart. This sharp move has attracted short-term buyers, sparking curiosity about whether the price can push higher in the coming days.

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Currently, the downside Fair Value Gap (FVG) zone stands as a critical resistance point. If FET can close above this level, the next downside FVG area may be targeted, potentially fueling further bullish momentum. However, if buyers remain weak and selling pressure increases, a retracement towards the key support zones is possible.

Losing the $0.42 support could intensify the selling pressure, potentially driving the price down to $0.38. If no strong buying interest emerges at this level, further declines may be on the horizon.

FET
FET/USDT daily chart.

The upcoming price action in the FET/USDT pair largely depends on its reaction to the FVG zone. Traders should closely monitor these critical levels for potential opportunities.

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