$FET – Possible reversal from the support zone? ⚡️📈
FET
0.785
-7.32%
$FET just bounced up from a strong support zone near $0.765 and is showing signs of a short-term reversal — supported by a bullish engulfing pattern (highlighted)!
Setup analysis: • Entry: $0.783 (after confirmation candle)
• Target: $0.810 – there is clear growth potential if momentum continues
• Stop loss: $0.765 (below the support zone)
This rally could strengthen quickly if it regains $0.790 with volume — keep a close eye on the upcoming candles!
Pro tip: Breakouts from accumulation zones like this often signal a change in sentiment — catch them early for the best R:R ratio!
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