$FET Selling opportunity after the parabolic rise! 🚨

Current price: $1.0874

24-hour High/Low: $1.2500 / $0.9461

Status: Breakdown below local support — momentum fading quickly

Short setup:

Entry area: $1.09 – $1.11 (ideal retest level)

🎯 TP1: $1.03

🎯 TP2: $0.98

🎯 TP3: $0.94

🛑 Stop loss: $1.16

Key insights:

Heavy selling after the vertical move to $1.25

Bearish structure forming lower highs

Volume decreasing — strong signal of exhaustion

Pro tip:

If the price retests the $1.10 area without reclaiming $1.12, it’s a great confirmation for quick sell trades. Watch for wick rejections!

Stay disciplined. Momentum is changing quickly — manage risk carefully!

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