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$FET UPDATE:
We retested the $0.20 support as expected and price rallied into the next resistance between $0.27 and $0.31.
Looking at the volume profile on the left, you can see a massive concentration of trading activity in this zone. That means a lot of buyers are underwater here and will be looking to exit at breakeven. This creates natural selling pressure.
One thing to watch: bearish divergence starting to form on RSI. Not confirmed yet, but something to keep an eye on.
If bulls can absorb that supply and clear $0.31, the path to $0.60 opens up with relatively thin volume in between.
Invalidation: a daily close back below $0.20.
Still holding from $0.15.

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