Fetch.ai shows resilience at key support levels, indicating a potential bullish continuation in the market.
Support and Recovery Levels
Fetch.ai holds the 0.618 Fibonacci retracement and low value area, serving as a strong foundation for a bullish rebound. This recovery signals strength in the short term and suggests a possible structural shift.
Technical Analysis and Key Levels
Reclaiming the point of control (POC) serves as a key signal that buyers are gaining strength. Next resistance levels sit at $1.03 and $1.40, marking significant points on higher time frames.
Expectations for Future Price Movement
As long as Fetch.ai holds above the low value area and point of control, the chart maintains a bullish structure. A confirmed breakout above $1.03 would validate a structural shift and set the stage for upward movement.
Maintaining positions above key levels increases the likelihood of continued price growth for Fetch.ai in the coming days, opening doors for achieving new target levels.
