FET is another name sitting quietly while the market starts showing signs of renewed activity.
The snapshot shows FET around 0.2228 with a market cap close to 522 million dollars and a 0.72 percent daily gain. The move is small, but the structure becomes interesting if price continues defending the current area while volume begins to increase.
The market is currently forcing traders to watch more than price alone. Bitcoin dominance, whale flows and volume expansion can tell us whether capital is actually rotating into altcoins or whether the market is simply bouncing inside a larger range.
For FET, the working support area is around 0.2180 to 0.2120. Holding this zone keeps the possibility of a move toward 0.2350 and 0.2550 alive.
I would not chase a sudden candle. I would rather see price hold support, volume expand and then reclaim the next resistance area with confirmation.
EP 0.2160 to 0.2250
TP 0.2350
TP 0.2550
SL 0.2050
FET is still quiet enough to be ignored, but that can change quickly when liquidity starts moving.
I am ready for the move —
#Stablecoin payment infrastructure expands
