FETUSDT Hit monthly and weekly resistance confluence

I think it is time the price likely stall here and any further upward movement is rejected here and sent back downward to the next support region.


I would not deny a possibility of the price tracing back to the weekly (also monthly) support area.

Comment:

The price is well on its way towards the weekly and monthly support. The price did shoot over temporarily above the monthly+weekly+daily resistance marked in the chart. But that volatility is expected intra week as it was still start of the week current week when the idea was posted. We will continue watching the price action and update it accordingly. A new chart will be posted if we hit our target of the monthly+weekly support.