$FET 📉 FET/USDT: CHoCH & Bearish Retest Analysis
FET/USDT has formed a CHoCH structure on the daily timeframe, shifting momentum to the downside.
Technical Breakdown:
• Retest Level: 0.2038
• Resistance Zone: 0.2400 - 0.2600
Downside Targets:
• TP1: 0.1500
• TP2: 0.1200
• TP3: 0.1017
Trade Strategy:
• Entry: On confirmation around 0.2000 - 0.2038
• Stop Loss: Daily candle close above 0.2200
What is your take on FET? Will resistance hold or break higher? Share your thoughts below!
#FET #FetchAI
FET/USDT has formed a CHoCH structure on the daily timeframe, shifting momentum to the downside.
Technical Breakdown:
• Retest Level: 0.2038
• Resistance Zone: 0.2400 - 0.2600
Downside Targets:
• TP1: 0.1500
• TP2: 0.1200
• TP3: 0.1017
Trade Strategy:
• Entry: On confirmation around 0.2000 - 0.2038
• Stop Loss: Daily candle close above 0.2200
What is your take on FET? Will resistance hold or break higher? Share your thoughts below!
#FET #FetchAI