Before making a move, think through these things first.
In terms of execution, for $FET and similar ones, a retracement around 0.1493, and the RSI has fallen to 26. The need for an oversold rebound is right here. Set the stop-loss at 0.1449, and the swing target is 0.2021. The short-term range is very clear: support at 0.1493, resistance at 0.1572. If the retracement support isn’t broken, you can hold.
One more thing to say: in execution, for $BTC and similar ones, a retracement around 74,968, the RSI has been crushed down to 35. The demand for an oversold rebound is also here. Set the stop-loss at 73,545, and the swing target at 102,337. Funding rate is +0.0041%, and long/short is still fairly balanced—not extreme.
For $ENA at the current price 0.1389: if it pulls back to 0.1355, you must buy longs then, because RSI is at 42 and it hasn’t really heated up yet—the position isn’t high. Look first for 0.1461, and the swing target is at least 22% up to 0.1699. If it truly breaks below 0.1311, get out—don’t make excuses. Funding rate is +0.0050%, and long/short is still fairly balanced—not extreme.
That’s the whole idea. No beating around the bush. If you really want to follow through: go in in batches, carry a stop-loss—don’t go all-in; the market is there every day. I’ve got FET, BTC, and ENA on my watchlist.
If you have different views, come discuss in the comments.
#FET #BTC #Bitcoin
$FET $BTC $ENA
In terms of execution, for $FET and similar ones, a retracement around 0.1493, and the RSI has fallen to 26. The need for an oversold rebound is right here. Set the stop-loss at 0.1449, and the swing target is 0.2021. The short-term range is very clear: support at 0.1493, resistance at 0.1572. If the retracement support isn’t broken, you can hold.
One more thing to say: in execution, for $BTC and similar ones, a retracement around 74,968, the RSI has been crushed down to 35. The demand for an oversold rebound is also here. Set the stop-loss at 73,545, and the swing target at 102,337. Funding rate is +0.0041%, and long/short is still fairly balanced—not extreme.
For $ENA at the current price 0.1389: if it pulls back to 0.1355, you must buy longs then, because RSI is at 42 and it hasn’t really heated up yet—the position isn’t high. Look first for 0.1461, and the swing target is at least 22% up to 0.1699. If it truly breaks below 0.1311, get out—don’t make excuses. Funding rate is +0.0050%, and long/short is still fairly balanced—not extreme.
That’s the whole idea. No beating around the bush. If you really want to follow through: go in in batches, carry a stop-loss—don’t go all-in; the market is there every day. I’ve got FET, BTC, and ENA on my watchlist.
If you have different views, come discuss in the comments.
#FET #BTC #Bitcoin
$FET $BTC $ENA
