The price of FET is moving in a descending channel and has recently bounced from the channel support and support zone (Green) at $0.784 – $0.830.
If the price breaks above from the descending channel middle line and the $1.159 level.
If the price did not hold the support zone (Green) and the descending channel support we might see the price to the next support zone (Blue) at $0.453 – $0.525.
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