【$FET Signal】Pullback and Buy, Right Side Confirmation

$FET 1H timeframe pulls back to test EMA20 with volume contraction, price finding initial support near 0.255. 4H MACD histogram contracting but still above zero line, overall trend remains intact. Order book shows significant sell orders stacking above 0.256, but the 0.254-0.253 zone below has substantial buy orders accumulated, revealing fund support intent. Under negative funding rate environment, open interest remains stable with shorts not initiating aggressive moves.
🎯 Direction: Long
⚡ Entry/Orders: 0.2401 - 0.2463
🛑 Stop Loss: 0.2376
🚀 Target 1: 0.2809
🚀 Target 2: 0.2982
🛡 ️Trade Management:
- Execution Strategy: Reduce position by half when price reaches first target, move stop loss of remaining position to entry price. If price fails to hold above 0.255 and breaks below EMA20 again, consider early exit.
Current 1-hour RSI pulling back from highs into neutral zone, accumulating strength for next uptrend. 4-hour price trading in upper Bollinger Band region, channel opening upward, bullish structure intact. This stabilization after pullback offers a risk-reward worth attempting.
View Live Chart 👇 $FET
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