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FET Bullish Bounce at Key Support Level

Written By: ChartChamp

June 12, 2024

FET formed a bullish bounce at an important support level. I think the price is likely to rally to new all time highs above $3.50. The price was strong headed into the ASI merger, but the team delayed twice and there was a lot of FUD surrounding the delays. The Altcoin market also dropped in addition to the FUD so FET got affected pretty badly on this downswing. I think the price is forming a bullish rebound at a key support level and there is likely to be a rally headed into the July 15 merger date. I believe there will be no more delays and July 15 looks like it’ll be the actual date for the formation of ASI. The three teams are communicating a lot better now, and they are hosting a Twitter space tomorrow to discuss the merger.

Link to the Twitter space: https://x.com/ASI_Alliance/status/1800574067486937486

ChartChamp socials: https://linktr.ee/realchartchamp

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