$FET
FETUSDT – Trade Plan (SHORT SETUP)
Entry: 0.2375–0.2390 (resistance retest + order book supply)
Target 1: 0.2330
Target 2: 0.2300
Stop Loss: 0.2410 (above recent swing high)
My View:
Price is flat (+0.04%) but trading well below the 24h high of 0.2717. Weekly trend is bearish (-10.02% over 7 days) despite a strong quarterly uptrend. Order book shows selling pressure at 0.2379–0.2383, suggesting weak buying interest. This looks like a bounce into supply—offering a short entry toward the 24h low (0.2327) and possibly 0.2300.
Bias: Bearish below 0.2400
Disclaimer: Not financial advice. Trade at your own risk.
FETUSDT
Perp
0.2416
+1.89%