$FET /USDT SHORT TRADE SIGNAL🔴
REJECTION FROM $0.718 AFTER STRONG SPIKE
EMA(7) & EMA(25) BROKEN — BEARISH MOMENTUM BUILDING
FET spiked to $0.718 but failed to hold gains and has now broken below both EMA(7) and EMA(25). Price is forming lower highs and lower lows, suggesting a short-term downtrend has begun.
🔹Trade Setup:
• Entry Point: $0.668 – $0.672
• Stop Loss: $0.720
• Take Profit:
• TP1: $0.641
• TP2: $0.599
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
FET appears to be in early-stage distribution after a 24h high rejection. With key EMAs lost and sellers in control, continuation toward the 99 EMA and below looks likely.
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