FET is snapping higher after a decisive break of the previous swing low, eyeing the next resistance zone. Momentum is backing the move, making the long side tempting.
đą $FET LONG đ â Trade Plan
âą Entry: $0.192907 â $0.193293
âą Stop: $0.187307 (-3.0%)
âą Target 1: $0.195996 (+1.5%)
âą Target 2: $0.202755 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The market structure break (CHoCH) opened the trade, while a surge in CVD confirmed buying pressure. A fair value gap aligns with an order block, creating a POI confluence that reinforces the entry. The price is now testing the upper edge of that overlap, setting up a clean 1:1.7 riskâreward.
A 3âŻ% stop is fairly tight, so limiting leverage to 5â10Ă keeps the trade within a sensible risk envelope.
Consider scaling out half the position at the first profit target around the 1.85 level.
As always: manage your risk, this is not financial advice đ
$FET #FETUSDT #CPIWatch #TradingSignals #Write2Earn
đą $FET LONG đ â Trade Plan
âą Entry: $0.192907 â $0.193293
âą Stop: $0.187307 (-3.0%)
âą Target 1: $0.195996 (+1.5%)
âą Target 2: $0.202755 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The market structure break (CHoCH) opened the trade, while a surge in CVD confirmed buying pressure. A fair value gap aligns with an order block, creating a POI confluence that reinforces the entry. The price is now testing the upper edge of that overlap, setting up a clean 1:1.7 riskâreward.
A 3âŻ% stop is fairly tight, so limiting leverage to 5â10Ă keeps the trade within a sensible risk envelope.
Consider scaling out half the position at the first profit target around the 1.85 level.
As always: manage your risk, this is not financial advice đ
$FET #FETUSDT #CPIWatch #TradingSignals #Write2Earn