Weak momentum is further confirmed by RSI readings holding below the 50 level across timeframes. $FET/USDT Market Outlook

The daily and 4-hour trends remain bearish, with price trading below all major EMAs.

On the 1-hour chart, price is now presenting a well-defined short entry zone. The timing is supported by the 15-minute RSI staying below 50, signaling the start of a fresh wave of selling pressure. This provides a high-probability opportunity to align with the prevailing downtrend.

Actionable Short Setup

Entry: Market entry between 0.210731 – 0.21243, ideally on a retest of the 0.2012 area

Targets:

TP1: 0.199854

TP2: 0.198672

TP3: 0.196307

Stop Loss: 0.20695

This setup offers a clean risk-to-reward profile, aiming to capture the next downside leg in the established bearish trend.