🔥 *$FET

FET
FET
0.2301
-3.40%

/USDT — SHORT ⚡ (Bearish Reversal)*

*Current Price:* $0.263374 – $0.265618 (market entry)

*Trend Context:*

- *Daily:* Bearish (still in downtrend)

- *4H:* Bounce failing, losing steam.

- *1H:* Overbought (RSI 67.5) at key resistance.

*Entry Trigger:* 15 m RSI *falls below 50* → momentum flip confirmed.

*Setup*

- *Entry Zone:* 0.263374 – 0.265618 (market)

- *Take Profits:*

🎯 *TP1:* 0.260007 (‑1.3 % to ‑2.1 %)

🎯 *TP2:* 0.255518 (‑3.0 % to ‑3.8 %)

🎯 *TP3:* 0.251029 (‑4.7 % to ‑5.5 %)

- *Stop Loss:* 🛑 0.268985 (‑1.3 % to ‑2.1 %)

*Risk/Reward (mid‑entry 0.2645)*

- TP1 → *‑1.7 %* → R:R ≈ *1.3 : 1*

- TP2 → *‑3.4 %* → R:R ≈ *2.6 : 1*

- TP3 → *‑5.1 %* → R:R ≈ *4 : 1*

*Why it fits*

- RSI 67.5 (1 h) → overbought, divergence likely.

- 15 m RSI < 50 confirms bearish momentum shift.

- Volume on resistance tapering, price stuck at key resistance → sellers stepping in.

- EMA 20 (4 h) under EMA 50, bearish cross on daily bias.

*Support / Resistance*

- *Resistance:* Current zone 0.2656 (entry ceiling), 0.2689 (SL).

- *Support:* 0.2600 → 0.2555 → 0.2510 (swing lows).

*Trade flow*

- *Enter* on a *15‑min close with RSI < 50* (confirmation).

- *Partial profit* at 0.2600 → move SL to entry 0.2645 (break‑even).

- Scale out at 0.2555 / 0.2510, keep a runner if bear volume sustains.

🚨 *Risk note:*

- SL 0.268985 is tight (‑1.3 % from low entry) → if hit, loss is 1 % of margin (if 1x).

- If leveraged (e.g., 5x), 1.3 % move = 6.5 % PnL swing. Keep position ≤ 1 % of portfolio.

🤔 *Using leverage? What x (5x, 10x)?*

*Prefer split entry (half at 0.2633, half at 0.2656) or go all in?*

#FET #Short #Bearish #Crypto #Swing 🚀📉