$FET: Bullish Divergence Flashed on $FET Daily Chart Structure
LONG SETUP FET
Entry: $0.22880 - $0.22950
Stop Loss: $0.22100
Take Profit: $0.24545 (2R)
Key Levels: Support $0.22860 | Resistance $0.24090
Technical Analysis for $FET: RSI (21) and Stochastic (K6) show strong oversold pressure while price sits below EMA9, EMA21 and EMA50, indicating a downtrend. The orderbook shows a modest bid bias and price rests near the 1H/4H support at 0.2286, suggesting a potential bounce toward the 0.2409 resistance. Risk: MACD remains bearish; a break below 0.225 could invalidate the upside.
Market Context: BTC is in a bearish 4H mixed trend and a bullish daily trend, but overall market breadth is broadly negative with 78%
LONG $FET
LONG SETUP FET
Entry: $0.22880 - $0.22950
Stop Loss: $0.22100
Take Profit: $0.24545 (2R)
Key Levels: Support $0.22860 | Resistance $0.24090
Technical Analysis for $FET: RSI (21) and Stochastic (K6) show strong oversold pressure while price sits below EMA9, EMA21 and EMA50, indicating a downtrend. The orderbook shows a modest bid bias and price rests near the 1H/4H support at 0.2286, suggesting a potential bounce toward the 0.2409 resistance. Risk: MACD remains bearish; a break below 0.225 could invalidate the upside.
Market Context: BTC is in a bearish 4H mixed trend and a bullish daily trend, but overall market breadth is broadly negative with 78%
LONG $FET
