$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.
#MarketRebound #CPIWatch #CryptoIn401k #AITokensRally #ETHBreaks3700