$FET USDT

1. 🎯 Trade Setup: Long (Buy)
🟩 Entry Zone (Buy Limit):

$0.675 – $0.685

Ideal pullback area into previous breakout structure and minor demand zone.

🔴 Stop Loss:

$0.647

Below the most recent swing low and green demand zone, giving structure-based protection.

🟢 Take Profit Targets:

TP1: $0.720 (Next resistance and liquidity grab zone)

TP2: $0.740 (Psychological round number)

TP3 (Aggressive): $0.760+

⚖️ Risk-Reward Ratio (RRR):

For TP1: ~2.0

For TP2: ~3.0+

Good RRR if entry confirms on retracement.

2. 📊 Current Price:

$0.707 (at time of screenshot)

Price is overbought short-term (RSI 83), suggesting wait for pullback before entry.

3. 📈 Market Structure:

Break of Structure (BoS) and CHoCH confirm bullish reversal.

Recent strong breakout candle confirms bullish strength.

Price is approaching prior supply/resistance — ideal for pullback entry, not instant long.

4. 💡 Pro Tip:

Don’t chase green candles. Wait for retest in the $0.675–$0.685 zone with a bullish confirmation candle (e.g., hammer, engulfing).

RSI is above 80, indicating overbought – ideal time to let price cool off before entering.

Use smaller position if entering early, full size at pullback.