$FET STRUCTURE BREAKDOWN INDICATES FURTHER DOWNSIDE MOMENTUM 📉
Entry: 0.1670 - 0.1703 🔥
Target: 0.1569 - 0.1388 - 0.1139 🚀
Stop Loss: 0.1703 ⚠️
The price action on $FET has breached critical support, confirming a bearish shift in market structure. With the MACD remaining firmly below the zero line, sell-side pressure continues to absorb any attempts at a relief rally.
Volume profiles suggest that liquidity is being pulled from the bid side, leaving the lower targets as the primary objective for the current move. Given the lack of defensive footing, are you looking for a lower entry or staying on the sidelines?
Not financial advice. Always manage your risk.
#FET #ShortSetup #MarketStructure #TechnicalAnalysis
🎯
Entry: 0.1670 - 0.1703 🔥
Target: 0.1569 - 0.1388 - 0.1139 🚀
Stop Loss: 0.1703 ⚠️
The price action on $FET has breached critical support, confirming a bearish shift in market structure. With the MACD remaining firmly below the zero line, sell-side pressure continues to absorb any attempts at a relief rally.
Volume profiles suggest that liquidity is being pulled from the bid side, leaving the lower targets as the primary objective for the current move. Given the lack of defensive footing, are you looking for a lower entry or staying on the sidelines?
Not financial advice. Always manage your risk.
#FET #ShortSetup #MarketStructure #TechnicalAnalysis
🎯