FET remains in an upward channel pattern on the daily chart, with prices repeatedly oscillating near the upper Bollinger Band. From a technical perspective, the MACD is in a golden cross state, indicating that the bullish trend still exists, but shrinking trading volume has become a hidden risk—often signaling that upward momentum is beginning to weaken.



More notably, this price level has experienced multiple rebounds after surges. The market has consecutively shown two lower shadow candles, indicating that the willingness to break through higher levels is weakening. In the absence of sufficient volume, pushing upward aggressively increases the risk coefficient significantly.

From a return perspective, FET has already gained about 50% in this round of rally. For most investors, the profits have essentially been realized. The current position is both a resistance point and an opportunity to take profits. It is recommended to closely monitor trading volume; if volume continues to be insufficient, downward pressure may accelerate.
FET5,82%
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