FET is hovering just above the 0.2850 level, testing the last bearish swing high. Momentum is waning as sellers dominate the 4โhour chart.
๐ด $FET SHORT ๐
Entry โ $0.198102-$0.198498
Stop โ $0.204249 (-3.0%)
TP1 โ $0.195326 (+1.5%)
TP2 โ $0.188385 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The CHoCH on the 1โhour broke the previous higher low, while CVD showed volume backing the down move. A fair value gap lines up with an order block, creating a POI where the OB and FVG overlap, confirming the short bias.
A 3.0% stop is relatively tight; stick to 5โ10x leverage to keep risk per trade around 1%.
Take half the position off at the first profit target around 0.2600.
As always: manage your risk, this is not financial advice ๐
$FET #FETUSDT #ๆฏ็นๅธ็ช็ ด8ไธ็พๅ ๅคงๅ ณ #TradingSignals #Write2Earn
๐ด $FET SHORT ๐
Entry โ $0.198102-$0.198498
Stop โ $0.204249 (-3.0%)
TP1 โ $0.195326 (+1.5%)
TP2 โ $0.188385 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The CHoCH on the 1โhour broke the previous higher low, while CVD showed volume backing the down move. A fair value gap lines up with an order block, creating a POI where the OB and FVG overlap, confirming the short bias.
A 3.0% stop is relatively tight; stick to 5โ10x leverage to keep risk per trade around 1%.
Take half the position off at the first profit target around 0.2600.
As always: manage your risk, this is not financial advice ๐
$FET #FETUSDT #ๆฏ็นๅธ็ช็ ด8ไธ็พๅ ๅคงๅ ณ #TradingSignals #Write2Earn