$FET is still standing on $0.1744 after a -1.8% day, and that's the whole ballgame right now.
zoom out one week and FET is up 6.80%, outrunning BTC by 1.2 points over the same stretch. volume the last 5 days is running 1.33x the prior 20, RSI sits at 58 which is the sweet spot, not overheated, and the daily MACD histogram is still positive. that's buyers actually showing up.
setup score reads 8 out of 14 on my screener, long favored, with room up to yesterday's high at $0.1867 if this holds, about 5.2% from here.
$FET trades at $0.1776 right now. if it holds $0.1744, i think it grinds up toward $0.1867 next. if it loses $0.1744, i'm wrong on this and there's nothing to defend, anyone who got long off this setup is looking at a fresh drawdown.
holding $0.1744 or losing it?
follow me for more calls like this.
zoom out one week and FET is up 6.80%, outrunning BTC by 1.2 points over the same stretch. volume the last 5 days is running 1.33x the prior 20, RSI sits at 58 which is the sweet spot, not overheated, and the daily MACD histogram is still positive. that's buyers actually showing up.
setup score reads 8 out of 14 on my screener, long favored, with room up to yesterday's high at $0.1867 if this holds, about 5.2% from here.
$FET trades at $0.1776 right now. if it holds $0.1744, i think it grinds up toward $0.1867 next. if it loses $0.1744, i'm wrong on this and there's nothing to defend, anyone who got long off this setup is looking at a fresh drawdown.
holding $0.1744 or losing it?
follow me for more calls like this.
