FET Just Hit a Critical Juncture: Prepare for a SHOCKING Reversal!
Entry: 0.260962 – 0.263094 🟩
Target: 0.249239 🎯
Stop Loss: 0.268423 🛑
The daily chart screams bearish, but don't let that fool you. The 4-hour is consolidating, and the 1-hour is showing serious upward momentum, pushing past key EMAs. But here's the kicker: the 1-hour RSI is screaming overbought at 65.46. This is the perfect storm for a sharp pullback. We're watching for a dip below 50 on the 15-minute RSI as the signal. This setup is primed for a high-probability short entry, aiming straight for that daily bearish structure. The 1-hour momentum is stretched thin and begging for a reversal. This is it.
Trade with caution.
