Altcoin for Short-Term and Mid-Term Trades

FET

Trend Analysis

Short-Term: Bear correction (RSI: 69.54 overbought, 24h: +7.30%)

Mid-Term: Bull (30d: +68.28%)

Key Lvl

Supp: $0.679 (24h low), $0.606 (weekly low)

Resist: $0.789 (24h high), $0.806 (psychological)

Liq Zones: Coinglass suggests $0.5–$0.55

Trade Setup

Short Entry: $0.7720 (rejection at resistance)

TP1: $0.679

TP2: $0.606

SL: $0.806

Leverage: 3x or 5x

Strategic Notes

Liq Buffers:

SL $0.806 above liq $0.5

Indicator Confirmation:

Bear engulfing candle at $0.7720

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