FET just slipped below 1.18, the momentum's turning bearish fast. Looks like a clean short opportunity.
🔴 $FET SHORT 📉 — Trade Plan
• Entry: $0.238861 – $0.239339
• Stop: $0.246273 (-3.0%)
• Target 1: $0.235514 (+1.5%)
• Target 2: $0.227145 (+5.0%)
• R/R 1:1.7 | Confidence 65%
We got a CHoCH break on the 1h, CVD showing sellers taking volume, plus a fresh FVG feeding the move. An order block sits right at the breakout and the POI confluence—OB overlapping the FVG—locks it in. The structure is now a series of lower highs confirming the downtrend.
A 3.0% stop is pretty tight, so stick to around 2x-3x leverage.
Take half off the table once price hits the first profit target.
As always: manage your risk, this is not financial advice 🙏
$FET #FETUSDT #BinanceLaunchesBinanceIntelligence #TradingSignals #Write2Earn
🔴 $FET SHORT 📉 — Trade Plan
• Entry: $0.238861 – $0.239339
• Stop: $0.246273 (-3.0%)
• Target 1: $0.235514 (+1.5%)
• Target 2: $0.227145 (+5.0%)
• R/R 1:1.7 | Confidence 65%
We got a CHoCH break on the 1h, CVD showing sellers taking volume, plus a fresh FVG feeding the move. An order block sits right at the breakout and the POI confluence—OB overlapping the FVG—locks it in. The structure is now a series of lower highs confirming the downtrend.
A 3.0% stop is pretty tight, so stick to around 2x-3x leverage.
Take half off the table once price hits the first profit target.
As always: manage your risk, this is not financial advice 🙏
$FET #FETUSDT #BinanceLaunchesBinanceIntelligence #TradingSignals #Write2Earn