📉 $FET / USDT – Short sell trade with whale pressure

Our technical analysis indicates a likely upcoming decline, supported by increasing sell pressure from major players (whales) targeting the liquidation of overextended long positions.

🧩 Proposed trading plan:

· Entry zone: 0.1625 – 0.16555
· Stop loss: 0.166303 (strict break)
· Staggered targets:
· 🥇 Target 1: 0.160608
· 🥈 Target 2: 0.157192
· 🥉 Target 3: 0.154991
$FET

📊 Trade rationale (technical analysis):

· BBW (Bollinger Band width) at 0.0439 indicates sharp volatility and proximity to a violent move, which often precedes sharp reversals.
· Positive divergence in OBV with price stability suggests smart distribution by institutions rather than bullish accumulation.
· The long positions ratio of 62.39% confirms excessive buying bias, creating a fertile environment for bearish liquidation (Squeeze) operations.
#FET #Xrp🔥🔥