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【$FET Signal】Long + 1H Momentum Continuation
$FET RSI 4H surged to 75, buying pressure continuously pushed the price to touch the upper Bollinger Band. 1H MACD bars continued to shrink, but the price remains above the EMA20. Market depth imbalance -1.49%, sell orders are slightly stronger, but large orders clearly support the bottom.
🎯Direction: Long
⚡Entry/Order: 0.249848 - 0.250600
🛑Stop Loss: 0.238070
🚀Target 1: 0.269395
🚀Target 2: 0.278792
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
The 4H bullish structure is intact, but short-term buying momentum shows signs of weakening, with a risk-reward ratio of about 1.5. After entering, closely monitor whether the 1H RSI can stay above 68.
Check real-time market 👇 $FET
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