$FET Short 75x
A precise rejection setup is unfolding. FET has shown a clear downward reaction from the 0.22786–0.22954 zone, prompting my Short 75x Isolated entry.
Trade Plan:
Entry: 0.22786 – 0.22954
TP1: 0.22365 (R:R 1:1.0)
TP2: 0.22197 (R:R 1:1.3)
TP3: 0.21861 (R:R 1:2.0)
SL: 0.23374
Why this setup? The 4h short structure remains intact, with daily action range-bound as price rejects the 0.22786–0.22954 area near 0.22870. The 15m RSI at 27 suggests room for further downside if bearish momentum persists. Volume on 15m is elevated at 0.96x, with 1.76M traded versus 1.83M expected, confirming strong selling pressure.
Risk is capped at 2%, making this a well-defined, high-probability setup.
Would you enter now or wait for a better price?
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