$FET short 75x – a clean rejection setup is in play.
FET faces resistance in the 0.22872–0.23009 zone, prompting my isolated 75x short entry.
Trade Plan:
- Entry: 0.22872 – 0.23009
- TP1: 0.22529 (R:R 1:1.0)
- TP2: 0.22392 (R:R 1:1.3)
- TP3: 0.22118 (R:R 1:2.0)
- SL: 0.23352
Why this setup?
- The 4h short structure remains valid, with the daily chart range-bound as price reacts from the 0.22872–0.23009 region near 0.22940.
- 15m RSI sits at 44, indicating potential for further downside pressure.
- 15m volume is 4.01x, with 994.65K traded versus 248.30K expected, confirming genuine selling activity.
My call. Your execution.
Trade here 👇 and Which part of the setup is unclear? Comment below and I'll clarify it.
