FET has rebounded nearly 50% after hitting a low of 0.34 USD during recent market declines, demonstrating strong demand from investors.
Market makers consider 0.34 USD a significant support level, suggesting that if capital inflows continue, FET could push towards the resistance level of 1.00 USD.
Despite signs of accumulation, high selling pressure still poses a threat to the 0.34 USD support, with FET being undervalued at the moment.
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