RANGE FAILURE IMMINENT. ⚠️⬇️

$FET daily trend is bearish. The 4H range is a trap, and the 1H chart is overbought within it. This is a classic sell-the-rip setup within a larger downtrend.

We're waiting for the final signal: the 15-minute RSI to break and hold below 50. That's the confirmation that selling pressure is overwhelming the bounce.

EXECUTION:

SHORT

ENTRY: $0.211864 – $0.212876 (Market)

TP1: $0.209336

TP2: $0.208324

TP3: $0.206301

SL: $0.215404

Enter on the break of momentum. The stop is placed above the recent swing high. This is a high-probability fade targeting the range lows.

Sell the weakness. The trend is down. 🎯🔻

FET
FETUSDT
0.2015
-3.54%