fettradesetup
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🚨 $FET /USDT – Caution Zone After Sharp Rally!
$FET is currently trading at $0.866, posting a +1.05% daily gain. The recent surge has cooled off just under the $0.88 resistance, signaling potential exhaustion after a strong multi-day rally.
📉 Short Setup Potential – Watch for Breakdown:
A break below $0.85 could open the door to downside targets at $0.81 and $0.77.
Price is consolidating sideways, showing signs of weakening momentum.
🛡️ Risk Management:
Stop-loss: $0.885 above recent high
Take profit zones: $0.81 / $0.77
Volume confirmation is key — increasing sell pressure will validate a breakdown.
💡 Pro Tip: FET has had a powerful 30-day run (+24%) and 90-day gain (+14%). This might be a healthy correction in progress — traders should act only on solid breakdown confirmation.
{spot}(FETUSDT)
#FETTradeSetup #BinanceShort #CryptoReversal #TradeWithCaution #BearishSignal
$FET is currently trading at $0.866, posting a +1.05% daily gain. The recent surge has cooled off just under the $0.88 resistance, signaling potential exhaustion after a strong multi-day rally.
📉 Short Setup Potential – Watch for Breakdown:
A break below $0.85 could open the door to downside targets at $0.81 and $0.77.
Price is consolidating sideways, showing signs of weakening momentum.
🛡️ Risk Management:
Stop-loss: $0.885 above recent high
Take profit zones: $0.81 / $0.77
Volume confirmation is key — increasing sell pressure will validate a breakdown.
💡 Pro Tip: FET has had a powerful 30-day run (+24%) and 90-day gain (+14%). This might be a healthy correction in progress — traders should act only on solid breakdown confirmation.
{spot}(FETUSDT)
#FETTradeSetup #BinanceShort #CryptoReversal #TradeWithCaution #BearishSignal
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