Candlesticks are in a spike phase

FET has registered more than 22% price growth in the past day. Strong buyers did not react negatively to the resistance of the $0.2116 range, and this level has now turned into support. Another resistance in the $0.380 to $0.405 can be the next target for buyers. The price is still in the overbought range in the daily timeframe , and the negative divergence is not observed. On the other hand, Candlesticks are in a spike phase, and this upward movement has slowed down. But the high power of buyers is still observed. Therefore, the levels you see on the chart can be the formation area of a range trend in the future.

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