As FET trades at 1.33 USD, traders closely monitor 1.38 USD resistance, anticipating a substantial rally. A breakthrough could result in a price surge of 20-30%, aligning with historical breakout patterns.
The recent surge of 47.36% in new addresses and a 12.46% increase in active addresses underline heightened interest in FET. This bullish sentiment, along with positive technical indicators, supports the potential for upward momentum.