⚠️ $FET – Long Liquidation Alert!
📉 Market Breakdown:
A long position worth $1.71K in $FET was liquidated at $0.6858. Bulls got caught on the wrong side — price dropped hard, triggering forced exit.
💥 Why This Is Key:
• Long liquidation = selling pressure increasing
• $0.6858 now becomes a resistance zone
• Bears showing strength as bulls get wiped
📈 Bearish Setup to Watch:
• Watch zone: $0.682 – $0.688
• Staying below $0.686 = further downside possible
• Support levels to watch: $0.665 – $0.645
💡 Pro Tip:
Long liquidations often open room for short entries.
If $FET can’t reclaim $0.686 quickly, sellers may push it lower. Wait for weak bounces to enter shorts.
