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$FET
A long liquidation on FET indicates bullish positions were forced to close, increasing short-term selling pressure and market volatility. The $2.12K liquidation suggests a temporary bearish shift, but the current support zone remains critical for a potential recovery.
EP
$0.1500 – $0.1520
TP
TP1: $0.1560
TP2: $0.1610
TP3: $0.1680
SL
$0.1470
Support: $0.1490 – $0.1500
Resistance: $0.1560 – $0.1610
Next Target: $0.1680 if FET reclaims $0.1560 with strong buying volume and sustained momentum. If support fails, another liquidity sweep lower is possible before buyers regain control.
Price is testing a key demand area following the liquidation event. A strong defense of support and a confirmed breakout above resistance would strengthen the short-term bullish outlook.
$FET