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📉 $FET – Market bears are gaining momentum with Bitcoin's downtrend across multiple timeframes.
🔴 $FET SHORT
🎯 Entry: 0.19178 – 0.19222
🛑 Stop Loss: 0.19689
🎯 TP: 0.18447 - 0.18099 - 0.17732
🧠 Plan & Logic
We're observing a strong downtrend in it, with lower-highs and lower-lows on the 1h chart, and a bearish structure on the 15m chart. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move.
Trade $FET here 👇 📉 🔻