$FET /USDT

🔍 FET/USDT Trade Setup (as of $0.678)

Market Structure:

Current Price: $0.678

24h Range: $0.646 – $0.696

Short-Term Trend: Bullish bounce off recent low

Volume: Decent activity – suggests some accumulation

📊 Technical Levels (from your data)

Level TypePrice📉 Support 1$0.646📉 Support 2$0.640📈 Resistance 1$0.709📈 Resistance 2$0.731📈 Resistance 3$0.755

⚙️ Suggested Trade Setup (Short-Term Swing: 1-3 Days)

🔵 Bullish Scenario (Long Entry)

Entry: $0.670–$0.678 (Current price range)

Stop-loss: $0.638 (below support zone)

Take-profit targets:

TP1: $0.709 (R1)

TP2: $0.731 (R2)

TP3: $0.755 (R3)

Risk/Reward (approx.):

Risk: $0.678 – $0.638 = $0.040

Reward to TP1: $0.709 – $0.678 = $0.031

Reward to TP2: $0.731 – $0.678 = $0.053

R:R to TP2 ≈ 1.3

R:R to TP3 ≈ 1.9

✅ Best used with confirmation like bullish candlesticks on 1H/4H or RSI crossing above 50.

🔴 Bearish Rejection Scenario (Short Entry)

If price gets rejected around $0.709, you could consider:

Entry: $0.705–$0.709

Stop-loss: $0.732

Target: $0.670–$0.660

Only if price shows clear rejection (e.g., bearish engulfing on 1H/4H).

📌 Notes

Watch for volume spikes at resistance to gauge breakout or rejection.

A breakout above $0.755 could lead to $0.80+ zone.

Don’t forget macro factors: FET is part of the AI narrative, which may impact volatility.

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