FET is showing weakness after failing to reclaim the $0.80 level, which now acts as invalidation for any bullish setups. Price continues to grind below a key FVG resistance, with no clear breakout.
Plan:
๐ป No Long Setup While Below $0.80
โข Bearish bias as long as price remains below reclaimed resistance
โข Watching for potential move into lower FVG zones
โข No interest in longs unless we see a sweep of key liquidity
๐ฉ Main Buy Zone: $0.30 (Weekly FVG)
โข High-conviction area for long positioning if reached
โข Deep liquidity pocket with HTF demand โ ideal for spot entries
๐ฏ Reclaim of $0.80 = Invalidation of Bearish Bias
โข Clean weekly close above flips structure bullish again
๐ Let the market flush first. No reason to catch a knife โ play from strength, not hope.