Trading Plan LONG $FET
$FET is starting to reclaim short-term momentum after defending local demand zones very cleanly.
The recent retrace failed to break structure, and buyers stepped in aggressively above the breakout area a strong sign that bullish momentum is still active underneath the surface.
🟢 Entry Zone: $0.206 – $0.212
🛑 Stop Loss: $0.191
🎯 Target 1: $0.224
🎯 Target 2: $0.238
🎯 Target 3: $0.257
Why this setup looks interesting:
✅ Strong defense of breakout structure
✅ Higher lows continuing to print
✅ Elevated volume during consolidation
✅ Liquidity building above recent highs
✅ Shorts leaning heavily into nearby resistance
Momentum remains constructive while bulls continue absorbing selling pressure and maintaining upside pressure toward overhead supply zones.
If buyers keep defending structure here, continuation toward the upside targets becomes increasingly possible.
But as always:
📌 Wait for confirmation
📌 Respect the stop-loss
📌 Don’t overleverage emotionally
Trade the setup not emotions.