FET experienced a notable 16% price increase, breaking out of a descending channel to reach a peak of $0.29.
There was an impressive 89% jump in trading volume to $188 million, reflecting heightened on-chain activity and a weekly high of 1,100 active addresses.
If momentum persists, FET could face resistance at $0.31, while maintaining higher user interaction could push it towards the long-term target of $0.44.
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