๐ค $FET
โ Oversold but Still an AI Giant! โ๏ธ
$FET dropped about 4.5% after the noise around the Artificial Superintelligence Alliance conflict, but letโs be real โ itโs still one of the strongest names in the AI space.
RSI sits at 20.43, deep in the oversold zone โ Iโm expecting a technical rebound soon.
Whales are quietly accumulating, and exchange outflows confirm smart money is loading while retail fears. If it reclaims $0.63, we could see the start of a solid reversal.
Trade Setup:
๐ฐ Entry Zone: $0.585 โ $0.605
๐ฏ Targets:
TP1: $0.625
TP2: $0.645
TP3: $0.665
๐ก๏ธ Stop Loss: $0.572
Why this setup works:
Iโm going for the rebound play โ FET is fundamentally strong, technically oversold, and sitting near a demand zone. Once it flips $0.63, momentum traders will likely step in. The risk-to-reward here is clean if managed tight.
Iโm scaling in gradually โ FET loves big comebacks. ๐
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