$FET IS SITTING AT A DECISION POINT...

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$FET IS SITTING AT A DECISION POINT...Fetch.AI / TetherUSBINANCE:FETUSDTcoinpediamarketsFETCH (FETUSDT) – Bullish Retest Holding Above Demand Zone 📈 FETUSDT is showing a strong bullish market structure on the 1H timeframe after breaking out from a prolonged consolidation range and maintaining higher lows along a rising trendline. The chart highlights a clear bullish trendline support that has been respected multiple times, with price recently pulling back into the Fib Golden Zone and demand area around $0.2630 – $0.2585. This zone aligns with previous resistance turned support, making it a key area for buyers to defend. Price is currently consolidating above the 0.618 Fibonacci level ($0.2549) and holding near the proposed entry zone at $0.2633, suggesting the market is absorbing supply rather than showing signs of weakness. The recent rejection from lower levels indicates buyers remain active. Key Levels 🔹 Demand Zone: $0.2630 – $0.2585 🔹 Entry Area: $0.2633 🔹 Stop Loss: $0.2533 🔹 Target 1: $0.2833 🔹 Target 2: $0.3033 🔹 Local Resistance: $0.2790 – $0.2888 From a liquidity perspective, there is visible liquidity resting above the recent highs around $0.2830-$0.2890. If bulls reclaim and close above this resistance cluster, a continuation move toward the psychological $0.30 area becomes increasingly likely. Momentum remains constructive. Despite multiple rejections near resistance, sellers have not been able to push price below the demand zone, which often signals accumulation rather than distribution. The rising trendline also continues to support the bullish case. ⚠️ The bullish setup remains valid as long as price holds above $0.2585-$0.2533. A breakdown below this region would weaken the structure and increase the probability of a deeper retracement. Outlook: Bullish bias while above demand support. Traders should watch for a breakout above the recent range highs to confirm the next leg higher toward $0.2833 and $0.3033. 🚀 Do you think FETUSDT has enough momentum to reclaim $0.30, or will resistance trigger another consolidation phase first? 👇