FET is down — but down is not the same as cheap.
0.215500 · -8.84% 24h · Vol 24M USDT.
FET is currently a pure momentum play: there’s money flowing in, but we need more confirmation before trusting the trend.
I’m not assigning a narrative too early; for now, I’m just watching volume, price levels, and the reaction after the move. -8.84% is a significant correction. The cleanest recovery setups usually don’t come from trying to catch the bottom right away, but from waiting for 0.236700 to be cleanly reclaimed with sufficient volume.
The best time to catch a bottom is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 0.201700 before considering an entry.
Buying the dip or waiting it out?
#FET #RiskManagement #Crypto
0.215500 · -8.84% 24h · Vol 24M USDT.
FET is currently a pure momentum play: there’s money flowing in, but we need more confirmation before trusting the trend.
I’m not assigning a narrative too early; for now, I’m just watching volume, price levels, and the reaction after the move. -8.84% is a significant correction. The cleanest recovery setups usually don’t come from trying to catch the bottom right away, but from waiting for 0.236700 to be cleanly reclaimed with sufficient volume.
The best time to catch a bottom is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 0.201700 before considering an entry.
Buying the dip or waiting it out?
#FET #RiskManagement #Crypto