$FET /USDT — the forecast played out, but momentum has cooled
Yesterday, we considered a LONG from the 0.1484–0.1487 zone after a confirmed bounce. The alternative scenario was a breakout above 0.1494.
Here’s what happened:
The price rose to 0.1544.
Both targets — 0.1505 and 0.1520 — were reached.
After the impulse move, buyers lost strength, and the price retraced to 0.1474.
What now?
On the 4H chart, the local structure is still holding, but the broader daily trend remains bearish. On the 1H chart, the price is already below the short-term moving averages, and on the 15M chart, we’re seeing momentum weaken.
Key levels:
Support: 0.1460–0.1453.
Resistance: 0.1488–0.1494.
Next zone above: 0.1520–0.1544.
Conclusion: The LONG scenario delivered a move to the targets. It’s not worth chasing the move now — new confirmation is needed. Losing support could intensify the correction.
The market offers opportunities, but it’s important not to confuse a signal that has already played out with a new entry.
#FET #FETUSD #BinanceSquareTalks #CryptoTrading. #Futures
Yesterday, we considered a LONG from the 0.1484–0.1487 zone after a confirmed bounce. The alternative scenario was a breakout above 0.1494.
Here’s what happened:
The price rose to 0.1544.
Both targets — 0.1505 and 0.1520 — were reached.
After the impulse move, buyers lost strength, and the price retraced to 0.1474.
What now?
On the 4H chart, the local structure is still holding, but the broader daily trend remains bearish. On the 1H chart, the price is already below the short-term moving averages, and on the 15M chart, we’re seeing momentum weaken.
Key levels:
Support: 0.1460–0.1453.
Resistance: 0.1488–0.1494.
Next zone above: 0.1520–0.1544.
Conclusion: The LONG scenario delivered a move to the targets. It’s not worth chasing the move now — new confirmation is needed. Losing support could intensify the correction.
The market offers opportunities, but it’s important not to confuse a signal that has already played out with a new entry.
#FET #FETUSD #BinanceSquareTalks #CryptoTrading. #Futures