$FET Short scalp
Entry: 0.1548–0.1555
SL: 0.1578
TP1: 0.1512
TP2: 0.1478
Price is sitting right on the upper Bollinger Band (~0.1549) and just under EMA99 (0.1558). RSI(6) is already 75+, so the bounce looks stretched on this timeframe. MACD is still green but the move from the 0.145 area has already run a decent distance.
A rejection here can send it back toward the middle band / EMA25 first, then the lower band if momentum fades.
Entry: 0.1548–0.1555
SL: 0.1578
TP1: 0.1512
TP2: 0.1478
Price is sitting right on the upper Bollinger Band (~0.1549) and just under EMA99 (0.1558). RSI(6) is already 75+, so the bounce looks stretched on this timeframe. MACD is still green but the move from the 0.145 area has already run a decent distance.
A rejection here can send it back toward the middle band / EMA25 first, then the lower band if momentum fades.
