FET Price Action Indicates Possible Long-Term Shift Towards $1 Target

The FET cryptocurrency has been experiencing a series of higher lows formations, indicating that buyers are gradually gaining strength and absorbing selling pressure.

Analysts point out that the price is approaching a key breakout zone near $0.27-$0.28, where it has repeatedly faced resistance in the past.

A clean break above this area would confirm a bullish shift, turning former resistance into support and potentially leading to further upside.