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 of a New Memecoin!
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.

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.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.