$FET Short Liquidation Update!

Fetch.ai (FET) witnessed a short liquidation of $1.9999K at $0.25791, hinting that sellers were caught off guard as buying momentum intensified. The market sentiment appears to be shifting toward accumulation, with bulls reclaiming control after recent pressure.

Technical Snapshot:

Support Zone: $0.252 – A solid floor where fresh bids are emerging.

Resistance Zone: $0.265 – A decisive breakout above this could open the path for stronger upside.

Trade Setup:

Buy Range: $0.254–$0.257 (on mild pullbacks).

Target Range: $0.268–$0.273 for short-term profits.

Stop-Loss: Below $0.250 to stay protected.

Market Insight:

The short squeeze signals rising demand and reduced selling pressure. If FET sustains above $0.26 with healthy volume, expect a potential rally continuation toward $0.28+. Momentum traders should stay alert for confirmation candles above resistance.

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