FET is now 0.1570, just a breath away from 0.1580 — do you dare wait?
If it can’t keep rising, it’s time to step back; I’m ready to take profit on FET.
FET is stuck in the 0.1524~0.1580 range, current price 0.1570, RSI 55.4. I’m not betting on a one-sided move in this kind of consolidation. I’ll only follow long if it breaks 0.1580, and if 0.1524 breaks, I’ll exit immediately; otherwise, I’m staying put.
Beginners should remember: RSI overbought doesn’t mean an immediate drop, but chasing highs increases the chance of getting wicked out. Real money is made by waiting for planned entries, not chasing emotions.
I trade by plan, and if I’m wrong, I admit it. How would you handle this position?
I personally lean aggressive: if I lose, I accept it; if I win, I take it.
#FET #Binance Square