Binance traders drive FET’s 15% increase, but challenges remain

FET has surged by 15% mainly due to Binance traders, who dominate 40% of the Futures market. This bullish trend, represented by a Taker Buy-Sell Ratio of 1.09, suggests strong investor confidence.

FET faces critical resistance between $0.34 and $0.39; failure to surpass this range could result in a decline to $0.11. Other market indicators reflect caution, despite recent positive investor activity.

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