Is FET showing early distribution signs? Here's the evidence
SETUP — 📉 SHORT
Here's what the data shows:
• Price: 0.1368 (24H Range: 0.1336–0.1383)
• RSI(14): 56.2 — Neutral-High
• EMA20: $0.1360 | EMA50: $0.1354 ⚠️ Above EMA50
• Volume: $15.84M
📉 If yes, here's the plan:
📉 Entry: 0.1360 – 0.1373
🛑 Stop: 0.1442
🎯 TP1: 0.1236
🎯 TP2: 0.1148
🎯 TP3: 0.1036
The downside target is well below current price.
The downtrend is relentless — and that's the point.
Rejection Complete 👉 $FET 👈 Reverse
#FET
SETUP — 📉 SHORT
Here's what the data shows:
• Price: 0.1368 (24H Range: 0.1336–0.1383)
• RSI(14): 56.2 — Neutral-High
• EMA20: $0.1360 | EMA50: $0.1354 ⚠️ Above EMA50
• Volume: $15.84M
📉 If yes, here's the plan:
📉 Entry: 0.1360 – 0.1373
🛑 Stop: 0.1442
🎯 TP1: 0.1236
🎯 TP2: 0.1148
🎯 TP3: 0.1036
The downside target is well below current price.
The downtrend is relentless — and that's the point.
Rejection Complete 👉 $FET 👈 Reverse
#FET
