$FET is sitting 0.4% above its daily EMA20 at $0.220732, and I'm leaning long right here.
the 7d is ugly at -12.56%, but the 30d is +32.99%, 25.5 points ahead of bitcoin over the month. that reads as a pullback inside a bigger run, not a coin that quit.
daily RSI is 53, so nothing is stretched. volume over the last 5 days is 0.71x the prior 20, so the dip has been quiet. setup score is 9 out of 14, solid but not perfect.
$FET trades at $0.2214 right now, inside a 24h range of $0.217 to $0.2318. if it holds $0.220732, I think it pushes back to the 20-day mean at $0.22886, 3.3% away. if it loses $0.220732, I'm wrong and there's nothing to defend. anyone long eats the slide toward the $0.217 low.
holding $0.220732 or losing it?
follow me for more calls like this.
the 7d is ugly at -12.56%, but the 30d is +32.99%, 25.5 points ahead of bitcoin over the month. that reads as a pullback inside a bigger run, not a coin that quit.
daily RSI is 53, so nothing is stretched. volume over the last 5 days is 0.71x the prior 20, so the dip has been quiet. setup score is 9 out of 14, solid but not perfect.
$FET trades at $0.2214 right now, inside a 24h range of $0.217 to $0.2318. if it holds $0.220732, I think it pushes back to the 20-day mean at $0.22886, 3.3% away. if it loses $0.220732, I'm wrong and there's nothing to defend. anyone long eats the slide toward the $0.217 low.
holding $0.220732 or losing it?
follow me for more calls like this.