$FET
Short-Term Trade Signal 🚀 FET/USDT (2-Day Outlook, Bullish Reversal Potential)✅️🚀🎯
Action: Buy🌱
Entry Zone: $0.674 – $0.692
Take Profit Targets (2-Day Target):
1. TP1: $0.712
2. TP2: $0.722
3. TP3: $0.735
Stop Loss: $0.664
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Technical Analysis (2-Day View):
Market Behavior: Currently in a correction after a 49% 30-day rally. Pullback to key support.
Support Zone: $0.670–$0.674 tested as intraday low; buyers stepping in.
Resistance Zone: $0.722–$0.735 (previous highs).
Indicators:
MACD: Bearish momentum fading, preparing for reversal.
RSI: Near 40–45 zone, setting up for bullish bounce.
Volume: Decent buying activity (Buy 51.33%) with $24M in FET volume.
Trade Strategy & Risk Management:
Risk/Reward: Solid 1:2+ ratio targeting TP2.
Risk Management: Cap risk to 2% of portfolio.
Adjustment: Trail stop above $0.700 once TP1 hits.
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