$FET: Liquidation Squeeze: Bears Trapped Near Critical Resistance
LONG SETUP FET
Entry: $0.23250 - $0.23350
Stop Loss: $0.22450
Take Profit: $0.25000 (2R)
Key Levels: Support $0.22660 | Resistance $0.23890
Technical Analysis for $FET: FET trades at 0.2342, above the 9, 21 and 50 EMA, and MACD histogram stays positive, backing a bullish bias. RSI 67 and Stochastic over 80 show overbought pressure, while price sits just beyond the upper Bollinger band, suggesting a possible pullback. A break above the 1hour resistance 0.2389 confirms the long; watch 0.2266 support for downside risk.
Market Context: BTC remains in a bullish 4hour and daily trend, up 0.49% over 24 h, and the overall market is broadly positive (78%
Can $FET hold support and challenge resistance? Follow for more data-led market setups.
LONG $FET
LONG SETUP FET
Entry: $0.23250 - $0.23350
Stop Loss: $0.22450
Take Profit: $0.25000 (2R)
Key Levels: Support $0.22660 | Resistance $0.23890
Technical Analysis for $FET: FET trades at 0.2342, above the 9, 21 and 50 EMA, and MACD histogram stays positive, backing a bullish bias. RSI 67 and Stochastic over 80 show overbought pressure, while price sits just beyond the upper Bollinger band, suggesting a possible pullback. A break above the 1hour resistance 0.2389 confirms the long; watch 0.2266 support for downside risk.
Market Context: BTC remains in a bullish 4hour and daily trend, up 0.49% over 24 h, and the overall market is broadly positive (78%
Can $FET hold support and challenge resistance? Follow for more data-led market setups.
LONG $FET
