$FET Update
I now primarily expect further downside into the original target zone around $0.47.
I’ll likely let my recently opened position get stopped out here, as the broader bearish setup looks much weaker. For a meaningful counter-reaction, we’re simply missing all signals:
No divergences on the 1H / 4H / Daily
Momentum still neutral on higher TFs
No bullish confirmations at all
If we drop into $0.47 and divergences start to show up, I may consider opening a new long. But until then, the path of least resistance looks lower.
