FET is slipping under its 20โ€‘day moving average as bearish momentum gathers steam. Liquidity is draining from the order book, setting the stage for a sharper drop.

๐Ÿ”ด $FET SHORT ๐Ÿ“‰
Entry โ†’ $0.159440-$0.159760
Stop โ†’ $0.164388 (-3.0%)
TP1 โ†’ $0.157206 (+1.5%)
TP2 โ†’ $0.151620 (+5.0%)
R/R 1:1.7 โ€ข Confidence 65%

A change of character broke the higher lows, confirming the CHoCH. CVD shows volume flowing to the downside while a fairโ€‘value gap lines up with a bullish order block, creating a POI where the OB and FVG overlap. The price is now testing the lower edge of that block, making a short entry look clean.

A 3.0% stop is relatively tight for this volatility, so a max of 5โ€‘10ร— leverage keeps risk in check.

Consider taking half profit when price hits the first target around the next minor swing low.

DYOR โ€” this isn't financial advice, size your risk accordingly ๐Ÿ™

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