$FET /USDT: The Ultimate Liquidity Hunt Before the Send?
FET is currently trading at $0.1976, sitting right on the edge of a critical structural pivot. Looking at the daily layout, the local market structure is flashing a classic textbook setup: The Liquidity Sweep Reversal.
Here is exactly how this plays out:
🔍 The Technical Breakdown
The Support Line: A clear horizontal support level is sitting right around the $0.1850 zone.
The Trap: Price is currently consolidating just above it. Retail traders are likely placing their stop-losses right below that horizontal line.
The Play (The "V" Path): Market makers love hunting that pockets of liquidity. The white path highlights a projected quick wick down into the $0.1800 - $0.1850 pocket to clear out late longs and trigger sell-stops.
The Target: Once the weak hands are flushed and the order books are filled, a aggressive V-shaped reversal is expected to target the $0.3000 psychological resistance level—a potential +50% move from the sweep zone.
⚡ Trading Execution Strategy
🔴 Disclaimer: Not financial advice. Manage your risk exposure accordingly.
Entry Zone: Patiently waiting for a flush-out wick between $0.1800 – $0.1850 (or validation on a strong H4 bullish engulfing close back above the line).
Invalidation / Stop-Loss: A daily candle close below the March swing low ($0.1450).
Take Profit Target: $0.3000 (Major liquidity pool and previous structural high).
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