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realchartchamp
Mar 7, 2024 8:13 PM

Fetch.AI Potential Rejection at Key Resistance Zone: $2.15-$2.92 Short

Fetch.AI / TetherUSBinance

Description

NYSE:FET has shown a lot of bullishness since SORA AI was released. The AI hype is real, and AI cryptos are performing very well. However, FET is now in a key resistance zone, and I am looking for a rejection here. This rejection could take 1-2 weeks to play out, and with a rejection I can see a move back down to $0.90 price levels. The resistance zone is between $2.15 and $2.92. The RSI is also extremely overbought here as well.
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Amin1hy
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