The 12-hour chart for Fetch.AI (FET) presents a promising swing long opportunity, supported by a hidden bullish divergence. The Money Flow Index (MFI) is rising, indicating increasing liquidity and momentum in favor of buyers, enhancing the validity of this trade setup.
Key levels to watch:
Initial Take Profit (TP1): $1.555
Secondary Target (TP2): $1.800
Trade Strategy:
If stop-loss (SL) is hit, it could present a good opportunity to re-enter the trade, as the overall structure and MFI suggest bullish conditions.
Disclaimer: This is not financial advice. Trade at your own risk, and ensure proper risk management.
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