$FET /USDT : Daily trend is bearish, but the 4H is stuck in a range. The 1H chart shows a strong uptrend (above both EMAs). However, momentum is fading as the 1H RSI is overbought above 61. We are looking for a short entry on the 1H chart if the 15-minute RSI drops below 50, signaling a loss of momentum. This would be a counter-trend play within the larger bearish structure, targeting a move back toward the 4H range lows. Enter short near 0.2128.
Actionable Setup Now (SHORT)
Entry: market at 0.212246 – 0.213428
TP1: 0.209292
TP2: 0.208111
TP3: 0.205748
SL: 0.216382

