$FET /USDT SHORT SETUP – BEARISH CHOP NEAR KEY RESISTANCE
$FET is down nearly 10% and is currently stuck in a tight sideways structure just under the $0.665 resistance. The repeated upper wicks and failure to reclaim $0.670 suggest a potential breakdown is near.
• Trade Type: Short
• Entry Zone: $0.662 – $0.666
• Take Profit 1: $0.652
• Take Profit 2: $0.642
• Take Profit 3: $0.630
• Stop Loss: $0.674
• Pattern: Bearish range with lower highs
• Volume: No confirmation of buyers on upticks
• Confirmation: Breakdown below $0.658 with sell volume
• Bias: Bearish with invalidation on breakout above $0.670