ImminentRebound
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$FET
#ImminentRebound
#DephtTool
#Learn
With such a depth profile, there is no need to worry:
If the buy and sell orders do not evolve too quickly, $FET will go down to $1 USD and then rise slightly above $1.5 USD in the medium term.
Without additional liquidity, I recommend the sell order at $1.536 USD max because it will inevitably go down afterwards (since the buy orders no longer support this selling height).
Can you read this information on this very important and too neglected chart?
(In the DEPTH of your favorite asset, keep your finger pressed on the screen to display the coordinates if necessary).
Do you use DEPTH to choose which asset to invest in the short term or not?
Which profile is attractive / Which profile scares away according to you?
Good investments to you 🤝
#ImminentRebound
#DephtTool
#Learn
With such a depth profile, there is no need to worry:
If the buy and sell orders do not evolve too quickly, $FET will go down to $1 USD and then rise slightly above $1.5 USD in the medium term.
Without additional liquidity, I recommend the sell order at $1.536 USD max because it will inevitably go down afterwards (since the buy orders no longer support this selling height).
Can you read this information on this very important and too neglected chart?
(In the DEPTH of your favorite asset, keep your finger pressed on the screen to display the coordinates if necessary).
Do you use DEPTH to choose which asset to invest in the short term or not?
Which profile is attractive / Which profile scares away according to you?
Good investments to you 🤝
BlockchainBaller
--
Bearish
$FET /USDT at the Edge Will it Bounce or Break Further? $FET /USDT is trading at $1.041, experiencing a 5.19% dip over the past 24 hours. The price teeters at a critical support level, signaling a potential turning point.
Key Levels to Watch:
Immediate Resistance: $1.07 and $1.14 – A break above $1.07 could spark recovery, targeting $1.14.
Critical Support: $1.04 and $1.00 – A drop below $1.04 may intensify selling pressure, leading toward $1.00 or even lower.
Indicators:
RSI: At 23.06, suggesting oversold conditions that could trigger a rebound.
Parabolic SAR: Firmly bearish, confirming the prevailing downtrend.
Trade Setup:
Long Opportunity: Above $1.07, targeting $1.10 and $1.14 with a stop-loss at $1.04.
Short Opportunity: Below $1.04, aiming for $1.00 and $0.95 with a stop-loss at $1.07.
Market Insight: The oversold RSI hints at a possible bounce, but bearish momentum dominates. Keep an eye on price action near $1.04 to assess the next move.
#Fetch_ai
Key Levels to Watch:
Immediate Resistance: $1.07 and $1.14 – A break above $1.07 could spark recovery, targeting $1.14.
Critical Support: $1.04 and $1.00 – A drop below $1.04 may intensify selling pressure, leading toward $1.00 or even lower.
Indicators:
RSI: At 23.06, suggesting oversold conditions that could trigger a rebound.
Parabolic SAR: Firmly bearish, confirming the prevailing downtrend.
Trade Setup:
Long Opportunity: Above $1.07, targeting $1.10 and $1.14 with a stop-loss at $1.04.
Short Opportunity: Below $1.04, aiming for $1.00 and $0.95 with a stop-loss at $1.07.
Market Insight: The oversold RSI hints at a possible bounce, but bearish momentum dominates. Keep an eye on price action near $1.04 to assess the next move.
#Fetch_ai
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