$FET Short Trade Setup – Targeting $0.5680 & $0.5400
#FET recently peaked at $0.655 before reversing sharply, forming strong bearish candles. The price has broken below short-term support, indicating the potential for a deeper pullback if the selling pressure persists.
Trade Setup:
Entry Zone: Around $0.598
Take Profit 1 (TP1): $0.5680
Take Profit 2 (TP2): $0.5400 (Key support level)
Stop-Loss: Above $0.6220
As long as the price remains below $0.6050, the bearish outlook stays intact. Keep an eye on volume spikes and signs of further breakdown to confirm continued downside momentum.
🚨 Trade $FET with caution and proper risk management. #FETUSDT