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$FET Setting Up For A Potential Reversal… Liquidity First, Dump Later?
Price Is Retracing Into A HTF Supply Zone With Clear Signs Of Exhaustion.
This Looks Like A Classic Liquidity Grab Before A Move Down.
→ Distribution At HTF Supply Zone
→ Liquidity Resting Above Equal Highs (BSL)
→ 3 Drive Pattern = Exhaustion Signal
→ Breakdown Expected After Liquidity Sweep
Smart Money Doesn’t Short Immediately…
They Push Price Up To Trigger Stops & Trap Late Buyers Before Reversing.
This Is Where Retail Gets Caught And Liquidity Gets Collected.
Bearish Bias After BSL Sweep + Confirmation
Entry Zone: $0.2640
SL: $0.3047
Targets: $0.2000 → $0.1737
Do You See The Liquidity Trap Forming Here?