๐ง ๐ Why Iโm Watching a $FET Long Setup Closely
Hereโs why $FET is starting to look interesting from my perspective ๐
Price is currently reacting cleanly off a daily order block, which often signals that smart money is defending this zone. On top of that, sellside liquidity has already been taken, reducing downside pressure and increasing the odds of a directional move higher.
What really stands out is the tight price compression weโre seeing. This kind of structure usually points to accumulation before expansion, especially when it forms near a key demand area. Above current price, thereโs also clear higher-timeframe buyside liquidity, giving the market a logical magnet to push toward ๐
As long as $0.24 continues to hold, the risk-to-reward profile remains very attractive.
Trade levels ๐ฏ
Entry: $0.2412
Stop Loss: $0.1900
Targets: $0.2842 โ $0.3425 โ $0.3900 โ $0.4600
Execution plan ๐ ๏ธ Iโll scale out profits at key liquidity levels and trail the stop once TP1 is secured to protect capital while letting the trade breathe.
Patience matters here. If price confirms, this setup has room to expand aggressively.
If you enjoyed this update, donโt forget to like, follow, and share! ๐ฉธ
Thank you so much โค๏ธ
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