After a sharp 17% breakout, $FET is now trading around $0.688, brushing up against a crucial resistance level at $0.710. The momentum has been impressive, but the bulls are starting to show signs of exhaustion.
📌 Bearish Trade Idea (Short Setup):
🔹 Ideal Entry Range: $0.685 – $0.705
🎯 Targets:
• Target 1: $0.647
• Target 2: $0.611
• Target 3: $0.576
🛡️ Stop-Loss: $0.719
This setup is geared toward those anticipating a rejection from resistance and a short-term correction. Always manage your risk and follow your plan.
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