$FET / USDT - price update:
Probably a weekly retest phase (correction)📉
The H4 price is currently bearish and there is no strong daily support here❗️
The main uptrend H4 also appears to have broken down❗️
If you zoom on my last view [H2], the price is clearly moving into the downtrend channel.
I won't try a long position yet, I think that a liquidity trap to test the 1.280 - 1.250$ support zone could happen [bear trap] before to see another pump❗️
💡Monitor the channel [H2] and the 1.250$ weekly support & possible double bottom zone!