📉 $FET Short Setup — Bearish
#FET is at 0.1281, down 4.33%, and trading below all three moving averages:
MA(7): 0.1336
MA(25): 0.1417
MA(99): 0.1822
24h high: 0.1344
24h low: 0.1266
Trade plan
Short entry: 0.1300–0.1340
SL: 0.1370
TP1: 0.1266
TP2: 0.1220
TP3: 0.1150
🔻 Confirmation: Rejection around 0.130–0.134 followed by a break below 0.1266 with increasing volume strengthens the short.
⚠️ Don't chase at 0.1281 — price is already close to the 24h low. A bounce into 0.130–0.1336 provides a better risk/reward entry. If price reclaims 0.137, cancel the short. Risk ≤1%.
$FET
#FET is at 0.1281, down 4.33%, and trading below all three moving averages:
MA(7): 0.1336
MA(25): 0.1417
MA(99): 0.1822
24h high: 0.1344
24h low: 0.1266
Trade plan
Short entry: 0.1300–0.1340
SL: 0.1370
TP1: 0.1266
TP2: 0.1220
TP3: 0.1150
🔻 Confirmation: Rejection around 0.130–0.134 followed by a break below 0.1266 with increasing volume strengthens the short.
⚠️ Don't chase at 0.1281 — price is already close to the 24h low. A bounce into 0.130–0.1336 provides a better risk/reward entry. If price reclaims 0.137, cancel the short. Risk ≤1%.
$FET