🚨 $FET Short Setup (Continuation Correction)
Price is showing clear rejection at 0.267 🚫 with weakening momentum (RSI rolling over 📉) and starting to lose short-term EMA support ⚠️ → bias shifts to downside continuation.
🔴 Entry short $FET
• 💰 Sell zone: 0.245 – 0.252 (pullback to EMA area)
• 🔻 Or breakdown entry: below 0.235 with confirmation
🛑 Stop-Loss:
• ❌ 0.262 – 0.267
🎯 Targets:
• 🎯 TP1: 0.22
• 🎯 TP2: 0.20
• 💣 TP3: 0.17
⚠️ Notes:
• Lower high forming → bearish structure 📉
• RSI turning down → momentum shift ⚡
• Lose 0.235 → acceleration to downside 🚀
• Strong support at 0.17–0.16 → expect bounce there 🧱