Whale support is accumulating at current levels, setting the stage for a potential squeeze. This setup favors a bounce within the ongoing range.
$FET
Bias: Bullish short-term setup within a range.
Trade Plan
Entry: 0.1644
SL: 0.1592
TP: 0.1730 / 0.1780
Market Evidence:
• Whale support detected at current levels.
• Negative funding indicates short squeeze potential.
• Ignition signal firing for reentry.
Risk:
• Long-heavy positioning (1.99 L/S) risks cascading liquidations if support fails.
Watch:
Monitor for a breakout above local resistance to confirm trend resumption.
I'll update this setup if market conditions evolve.
#FET #CryptoTrading #ShortSqueeze
$FET
Bias: Bullish short-term setup within a range.
Trade Plan
Entry: 0.1644
SL: 0.1592
TP: 0.1730 / 0.1780
Market Evidence:
• Whale support detected at current levels.
• Negative funding indicates short squeeze potential.
• Ignition signal firing for reentry.
Risk:
• Long-heavy positioning (1.99 L/S) risks cascading liquidations if support fails.
Watch:
Monitor for a breakout above local resistance to confirm trend resumption.
I'll update this setup if market conditions evolve.
#FET #CryptoTrading #ShortSqueeze
