$FET /USDT : The daily and 4h charts are firmly bearish, with price below key moving averages. However, the 1h chart is showing a bullish counter-trend bounce. This bounce is now losing steam, with the 15m RSI dipping below 50. This is the trigger. We are looking to short this 1h bounce failure as it aligns with the dominant bearish trend. The "why now" is momentum shifting back to the downside on the lower timeframe, offering a high-probability entry to ride the larger downtrend.

Actionable Setup Now (SHORT)

Entry: market at 0.243908 – 0.245454

TP1: 0.240045

TP2: 0.238499

TP3: 0.235408

SL: 0.249317