$FET Long Liquidation Alert: $14.545K at $0.58428

I'm watching #FET closely after a sizable long liquidation at $0.58428 — a sign that bullish momentum is facing pressure.

Support Zone: $0.5650 – $0.5700

Resistance Ceiling: $0.5980 – $0.6050

Tip 1: Momentum is weakening near the $0.58 region. If FET fails to reclaim $0.59 quickly, we could revisit the lower support band near $0.565.

Tip 2: Short-term bears may dominate unless price flips $0.60 into strong support. Watch for volume surges.

Tip 3: For buyers — consider entries around $0.568 with a tight stop below $0.558. Sellers can look to short near $0.600 if resistance holds.

Next Move: If bulls want to regain control, they need a convincing break above $0.605. Until then, cautious accumulation near support is preferred.

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