š FET/USDT Short Trade Signal ā”
BEARISH CONSOLIDATION AFTER BREAKDOWN ā CONTINUATION SETUP ā¬ļø
$FET has broken down from its recent range, followed by consolidation at lower levels ā indicating weak buyer interest. The current price structure shows a lack of bullish momentum, and repeated lower highs suggest continuation of the downtrend.
The setup favors a short position if the price fails to reclaim the $0.6400 level.
š Trade Setup (Short Signal)
Entry Zone: $0.6349 ā $0.6353
Target 1: $0.6168
Stop Loss: $0.6419
š Market Outlook:
$FET is displaying classic bearish continuation behavior, with price struggling to push above the recent breakdown zone. A rejection from the $0.6400 area could trigger further downside toward $0.6168 support.
If price breaks and sustains above $0.6419, this trade setup becomes invalid and may signal a potential reversal.
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Trade Now Here $FET