$FET A large red candle occurred after touching $0.7172 → strong rejection from resistance

Currently, the price is trying to find new support, possibly a base at MA(25) or around $0.662–$0.665

📈 Volume $FET

Volume spiked during the upward breakout

Volume decreased during the correction → this is a healthy correction, not a panic sell

✅ Entry Strategy Scalping / Intraday:

🔍 Setup $FET

Buy zone: $0.6650 – $0.6700

(near MA(25), an area that usually acts as short-term support)

Entry confirmation: a doji/small green candle appears above MA(25)

Target 1: $0.6830 (re-testing MA(7))

Target 2: $0.7100 – $0.7170 (testing previous high resistance)

Stop-loss: $0.6550 (if it breaks down MA(25) and volume sharply increases downward)

⚠️ Note:

If the price breaks down MA(25) with a large candle and increased volume, the potential correction could continue to:

Next support: $0.6440 – $0.6290 (MA99 area)

🧩 Conclusion:

The short-term trend is still bullish

Consolidating after a strong impulse

The best entry is waiting for a bounce from the MA(25) support area