🔮 Will FET escape the drop trap? Opportunity or greed trap?!
Despite the visible selling pressure on the daily timeframe, it seems that FET is approaching a dangerous reversal point on the weekly 🔥. The price is currently consolidating at a critical support area between $0.648 and $0.653 within a broad bottoming descending pattern — one of the most dangerous reversal patterns and one of the most deceptive 🎯.
A clear break above $0.670 could ignite a rapid upward wave towards $0.695, but caution is required: any break of support could plunge the coin again towards $0.566.
The big players have started to move! A $50 million buyback program may not be a coincidence...
👀 Are we seeing a historic rebound or a new market trick? The decision is yours… but don’t overlook the next candle!
🚨 Your comment matters to us: Have you entered FET? Or are you waiting for the signal?
