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$FET /USDT SHORT SETUP – Bearish Rejection Building Near Supply Zone ⚠️
$FET /USDT is showing signs of a short-term bearish reversal after facing strong rejection from the upper supply area around $0.1880–$0.1900. The chart is forming a lower high structure with price compressing inside a descending trendline, indicating weakening buyer momentum. A potential liquidity grab above resistance followed by rejection suggests sellers may regain control if support levels fail. Traders should watch for confirmation below the local demand zone before entering a short position.
📊 FET/USDT Short Trade Setup
Entry Zone: $0.1830 – $0.1860
TP1: $0.1800
TP2: $0.1750
TP3: $0.1700
🛑 Stop Loss: Above $0.1900
Technical Logic:
Price pushed into a major supply zone and failed to continue higher, creating a possible smart-money distribution setup. The descending trendline resistance and weakening momentum suggest caution for bulls. A clean breakdown with volume confirmation could trigger further downside toward lower liquidity zones.
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