๐ฅ *$FET
โ Bullish Continuation (1H Breakout) ๐*
*Current Price:* $0.2658 (๐ฅ +16.12%)
*Entry Zone:* $0.2580โฏโโฏ$0.2660 (dip/confirmation)
*Targets:*
- ๐ฏ *TP1:* $0.2760 (+3.8โฏ% from $0.2658)
- ๐ฏ *TP2:* $0.2980 (+12.1โฏ%)
- ๐ฏ *TP3:* $0.3300 (+24.2โฏ%)
*Stop Loss:* ๐ $0.2480 (โ6.7โฏ% from $0.2658)
*Risk/Reward (midโentry $0.2620)*
- TP1 โ R:R *โโฏ0.57โฏ:โฏ1*
- TP2 โ R:R *โโฏ1.8โฏ:โฏ1*
- TP3 โ R:R *โโฏ3.6โฏ:โฏ1*
*Why it fits*
- Clean 1H breakout โ volume surge, RSI (1H) ~68 (still room, not extreme).
- Tight consolidation near resistance $0.2760, supports at $0.2580 holding.
- EMA 20 (1H) $0.255, EMA 50 (1H) $0.245 โ golden cross, bullish momentum.
*Support / Resistance*
- *Support:* $0.2580 (entry floor), $0.2480 (SL), $0.240 (next cushion).
- *Resistance:* $0.2760 (TP1), $0.2980 โ $0.3300 (swing targets).
*Trade flow*
- *Enter* on *close above $0.2660* (confirmation) or dip to $0.2580 for better R:R.
- *Partial profit* at $0.2760 โ move SL to $0.2620 (breakโeven).
- Scale out: 30โฏ% at TP1, 30โฏ% at TP2, 40โฏ% trail to TP3.
๐จ *Risk note*
- SL $0.2480 โโฏ6.7โฏ% loss โ 1โฏ% of portfolio risk if spot.
- Leverage (3โ5x) โ 6.7โฏ% move = 20โ30โฏ% PnL swing.
- Keep an 8โฏ% move opposite = 24โฏ% loss (3x).
๐ค *Spot or perp?*
*Leverage (3x/5x)?*
*Split entry (half at $0.2660, half at $0.2580)?*