A 3% stop loss on this FET long means a 1:1.7 reward, so on 10x leverage a 0.3% move wipes you out; the price is holding just above the recent order block, ready to pop.
đą $FET LONG đ â Trade Plan
âą Entry: $0.258741 â $0.259259
âą Stop: $0.251230 (-3.0%)
âą Target 1: $0.262885 (+1.5%)
âą Target 2: $0.271950 (+5.0%)
âą R/R 1:1.7 | Confidence 65%
The market structure broke lower highs (CHoCH) and volume (CVD) surged in the direction of the move. A fairâvalue gap sits right below the break, overlapping an order block, creating a POI confluence. That combo signals a strong upside thrust.
The 3.0% SL is relatively tight for a volatile alt, so stay under 5x leverage to keep margin safe.
Take half profit around the first fairâvalue gap target to lock in the early move.
DYOR â this isn't financial advice, size your risk accordingly đ
$FET #FETUSDT #BTC #TradingSignals #Write2Earn
đą $FET LONG đ â Trade Plan
âą Entry: $0.258741 â $0.259259
âą Stop: $0.251230 (-3.0%)
âą Target 1: $0.262885 (+1.5%)
âą Target 2: $0.271950 (+5.0%)
âą R/R 1:1.7 | Confidence 65%
The market structure broke lower highs (CHoCH) and volume (CVD) surged in the direction of the move. A fairâvalue gap sits right below the break, overlapping an order block, creating a POI confluence. That combo signals a strong upside thrust.
The 3.0% SL is relatively tight for a volatile alt, so stay under 5x leverage to keep margin safe.
Take half profit around the first fairâvalue gap target to lock in the early move.
DYOR â this isn't financial advice, size your risk accordingly đ
$FET #FETUSDT #BTC #TradingSignals #Write2Earn