FET is showing weakness after failing to reclaim the $0.80 level, which now acts as invalidation for any bullish setups. Price continues to grind below a key FVG resistance, with no clear breakout.
Plan:
🔻 No Long Setup While Below $0.80
• Bearish bias as long as price remains below reclaimed resistance
• Watching for potential move into lower FVG zones
• No interest in longs unless we see a sweep of key liquidity
🟩 Main Buy Zone: $0.30 (Weekly FVG)
• High-conviction area for long positioning if reached
• Deep liquidity pocket with HTF demand — ideal for spot entries
🎯 Reclaim of $0.80 = Invalidation of Bearish Bias
• Clean weekly close above flips structure bullish again
📌 Let the market flush first. No reason to catch a knife — play from strength, not hope.