🔻 $FET /USDT – Trend Exhaustion Detected! Short Setup in Play 🚨
Current Price: $0.768
Status: Momentum shift confirmed on 15m chart
📉 Market Outlook
$FET failed to hold above the psychological $0.800 level, triggering a wave of selling pressure. Price is now forming a series of lower highs as momentum turns bearish.
🔑 Short Trade Setup
Entry Zone: $0.770 – $0.775
Take Profit Targets:
🥇 TP1: $0.755
🥈 TP2: $0.740
🥉 TP3: $0.720
Stop Loss: $0.785
🧠 Technical Breakdown
❌ Rejection at $0.800 = failed breakout attempt
🔻 Bearish structure: lower highs & declining bullish volume
🔥 High-volume candle at the top signals likely distribution phase
⚡ Pro Tip
For best entries, wait for volume to fade near $0.775 and watch for another failed retest. Confirm with weak bullish candles and enter with discipline. Trail your stop as price drops to lock in gains.
🔥 Why This Setup Matters
Sellers have taken control. Unless bulls reclaim $0.775 fast, downside targets look realistic and reachable. A clean, low-risk opportunity for momentum-based short sellers.