Your bias is bearish because the daily and 4H charts show price trading below all key EMAs ๐. Momentum is weak across the board, with RSI below 50 on every major timeframe, confirming sellers are in control ๐ป.
On the 1H chart, price is retesting the 0.2376 resistance, and the 15m RSI failing below 50 shows buyers canโt push higher โ a classic rejection signal ๐ซ๐น.
Thatโs why a short entry now makes sense, especially on a break below 0.2367, which would confirm bearish continuation.
๐ฅ Actionable Short Setup
Entry: 0.236677 โ 0.238523
TP1: 0.232061 ๐ฏ
TP2: 0.230214 ๐ฏ
TP3: 0.226521 ๐ฏ
SL: 0.24314 โ

FET
0.2412
-8.00%
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