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$FET 1H — Strong Reversal Signal or Liquidity Grab?
📊 Market Bias: Bullish (1H)
The 1H chart shows a sharp recovery from 0.1368 with buyers reclaiming all three moving averages. Momentum has shifted in favor of bulls, but price is now approaching a key resistance zone.
🎯 Trade Setup
Trade: LONG (prefer after a retest)
Entry Zone: 0.1412–0.1418
Stop Loss: 0.1393
TP1: 0.1436
TP2: 0.1455
TP3: 0.1480
Risk:Reward: 1:2.5+
Trade Invalidation: A 1H candle close below 0.1393 would weaken the bullish setup.
📈 Technical Analysis
Price Action: V-shaped recovery with strong bullish momentum.
Market Structure: Higher low followed by a breakout toward previous swing resistance.
Support: 0.1408–0.1412
Resistance: 0.1436, then 0.1455.
MA/EMA: Price is trading above MA7, MA25, and MA99, confirming short-term trend strength.
Volume: Strong bullish candle formed with increased buying volume, supporting the breakout.
Liquidity (SMC): Buy-side liquidity sits above 0.1436; a clean break could fuel continuation.
Order Block: Bullish demand around 0.1400–0.1408.
FVG: Minor bullish imbalance below current price may be filled on a healthy retest before continuation.
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