FET is returning to the same support area where we previously saw a strong and very volatile reaction from buyers. That area has already provided us with a sharp movement upward before, so this area is clearly significant.
If the price reacts again from here and buyers start to enter, we may be witnessing a high volatility rebound similar to what happened last time. For now, we are simply watching how the price behaves in this area and whether buyers show control again.
⚠️ Note:
This analysis is for educational purposes only and does not encourage trading in futures or any prohibited transactions. The goal is to illustrate potential market movements, not a direct recommendation to buy or sell.
💡 Important notes:
- This analysis is for educational purposes only.
- Please study the market and make decisions based on your ability and risk tolerance.
- The author is not responsible for the trading of others or their profit outcomes.