💥 Futures Trade Signal (Updated)
🔴 SHORT — #FET/USDT
Entry Zone:
0.6711 – 0.6542
(Short from resistance after local rejection, targeting continuation of downtrend)
Targets:
1. 0.6483 (Previous local support / TP1 for partial close)
2. 0.6352 (Recent demand zone retest)
3. 0.6221 (Key support from H4 chart)
4. 0.6090 (High-confluence level — Fib & horizontal)
5. 0.5959 (Extended target if bearish momentum continues)
Stop Loss:
0.6972 (Above local high & invalidation of bearish structure)
Leverage:
5x–10x (Adjust based on risk appetite — lower leverage for higher capital preservation)
Reasoning / TA Justification:
• Price recently rejected resistance near 0.695–0.70 zone, indicating bearish pressure.
• Bearish divergence forming on RSI/MACD (watch for confirmation on lower timeframes).
• Breakdown from consolidation range could lead to trend continuation.
• Risk/reward favorable with tight SL relative to multiple target levels.
