$FET #FET If the rebound doesn’t move, don’t force a bottom-buy. The short-sellers’ rhythm hasn’t been handed over yet.
K-line timeframe: 1h
My bias: bearish (I only trade with the trend; I won’t clash with emotions)
$FET #FET Execution: short on the rebound; wait for key levels to confirm before adding position size.
Key reasons: 1) FETUSDT 24h price change: 8.058%, current price about 0.245600, 24h trading volume about 73.85M; 2) the 1h close has fallen from 0.246500 to 0.245600, the main cycle is still weakening. 3) the 4h close is from 0.245400 to 0.245400; current open position volume is about 164.67M, funding rate is about 0.0100%. The retracement looks more like a chance for the shorts.
Risk control level: if 1h reclaims and holds above 0.247500, the bearish thesis is invalid.
$FET #FET Closing: the direction is set—execution depends on discipline. For reference only and does not constitute investment advice.
K-line timeframe: 1h
My bias: bearish (I only trade with the trend; I won’t clash with emotions)
$FET #FET Execution: short on the rebound; wait for key levels to confirm before adding position size.
Key reasons: 1) FETUSDT 24h price change: 8.058%, current price about 0.245600, 24h trading volume about 73.85M; 2) the 1h close has fallen from 0.246500 to 0.245600, the main cycle is still weakening. 3) the 4h close is from 0.245400 to 0.245400; current open position volume is about 164.67M, funding rate is about 0.0100%. The retracement looks more like a chance for the shorts.
Risk control level: if 1h reclaims and holds above 0.247500, the bearish thesis is invalid.
$FET #FET Closing: the direction is set—execution depends on discipline. For reference only and does not constitute investment advice.