$FET 🔥
Setup: Long @ 0.2248
Stop Loss: 0.215 | Take Profit 1: 0.2444
FET is quietly sitting in the cheap half of its range while most people stare at the red candle and panic.
- Trend is bullish and price sits in discount, the cheaper half of the range between the range low and the swing high above.
- A change of character printed nine candles back when buyers pushed through the prior swing high, flipping the short-term read.
- The minor pullback into that level was already taken, so the trap liquidity sitting under it is gone and buyers have a cleaner path.
- Price is parked inside a bullish order block and a bullish fair value gap that overlap right here, which is exactly where I want to be long.
- Sell-side liquidity rests below at the swing low, so my stop loss goes there instead of some arbitrary percentage.
- Buy-side liquidity above at the equal highs and the range high is still untouched, making it the natural draw for take profit.
Risk a fixed slice, not a feeling — the level gets the final word.
#Binance #CryptoSignals #FET
Setup: Long @ 0.2248
Stop Loss: 0.215 | Take Profit 1: 0.2444
FET is quietly sitting in the cheap half of its range while most people stare at the red candle and panic.
- Trend is bullish and price sits in discount, the cheaper half of the range between the range low and the swing high above.
- A change of character printed nine candles back when buyers pushed through the prior swing high, flipping the short-term read.
- The minor pullback into that level was already taken, so the trap liquidity sitting under it is gone and buyers have a cleaner path.
- Price is parked inside a bullish order block and a bullish fair value gap that overlap right here, which is exactly where I want to be long.
- Sell-side liquidity rests below at the swing low, so my stop loss goes there instead of some arbitrary percentage.
- Buy-side liquidity above at the equal highs and the range high is still untouched, making it the natural draw for take profit.
Risk a fixed slice, not a feeling — the level gets the final word.
#Binance #CryptoSignals #FET