๐ค Fetch.ai ($FET) Market Update & Smart Trading Plan
Current Price: ~$0.64 USDT 24h Volume: ~$70Mโ$80M
Market Cap: ~$1.5B
$FET is trading near the $0.64โ$0.65 range, down ~2โ3% today and ~7โ9% over the past week.
This recent dip follows a break below a key support level ($0.66) โ indicating a potential trend reversal.
๐ Why Traders Should Watch Now
AI & Predictive Edge: Fetch.ai is powered by decentralized AI agents, giving it real application appeal. Itโs gaining renewed attention amidst AI hype (e.g. ChatGPTโ5 excitement).
Bearish Signal Alert: The breakdown below $0.66 could trigger further downside toward $0.56โ$0.49 if not quickly reversed.
๐ Daily Trading Strategy for $FET
๐ฅ Entry Options:
Aggressive traders may buy near $0.62โ$0.63 with tight stop-loss.
Conservative traders should wait for a rebound back above $0.66 on volume before entering.
๐ฏ Targets:
Target 1: ~$0.70
Target 2: ~$0.75 (if AI sector momentum returns)
โ Stop-Loss:
Place below $0.60 to limit downside risk.
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$FET
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