#FET LTF Analysis:
$FET has broken down from the horizontal channel it was ranging in for days — no surprise there.
After failing to reclaim the mid-level, FET lost momentum and slipped right below the bottom support of the range. Now FET is consolidating just below that previous support, which has now flipped into resistance.
This zone is critical. If FET reclaims this channel bottom and flips it back into support, we can start planning fresh longs. But until then, the bias remains bearish and short setups on bounces are valid. Watch this area closely — the next move will be key.
