📊 $FET — Bullish Structure with Short-Term Consolidation
$FET is cooling off after a strong push into the $0.25–$0.26 resistance, now stabilizing near $0.23. While short-term weakness is visible (lower highs), the overall trend remains bullish.
📈 Market Structure • Strong prior uptrend → momentum still valid
• Current pullback → healthy consolidation
• Buyers defending → key support at $0.22
📊 Trade Setup — Long $FET
🟢 Entry: $0.22 – $0.235
🛑 Stop Loss: $0.20
🎯 Targets:
• TP1: $0.26
• TP2: $0.29
• TP3: $0.33
📍 Key Levels • Support: $0.22
• Major Support: $0.20
• Resistance: $0.26 – $0.28
⚠️ Scenarios • Hold above $0.22 → continuation toward $0.26+ 📈
• Lose $0.22 → deeper pullback to $0.20 demand 📉
🔥 Insight:
This looks like a classic trend continuation setup after consolidation — but confirmation at support is key.
Trade smart. Don’t rush entries — let the level hold.
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