$FET /USDT Looking Good These Days, But I Don't Think It Can Continue! 📈
Bears Should Be In Soon!! ‼️
I’m looking to Short $FET with the aim of reaching the high trading level POC:
Entry Zone: $0.2350 to $0.2420
Targets 🎯:
$0.2080
$0.1840
$0.1565 (POC) — High trade area!
Stop Loss (Invalidation): $0.2785 (Above recent swing)
Confirmation: Wait for a 4h candle to close below 0.2320 to confirm that the retest of the trendline has failed.
The chart looks ready to dive to lower levels. We can see a clear Bearish RSI Divergence—while $FET forms a Higher High, the RSI is forming Lower Highs. This suggests the buying momentum is exhausted.Ride it wisely!! 👍
FETUSDT
Perp
0.245
+3.33%