$FET has bullish continuation structure, but it is sitting just below resistance at 0.2495. OI rose strongly while price advanced, so participation is real, but longs are now crowded. Best trade is not market-buying here, it is buying a confirmed retest or confirmed breakout.
Invalidation: A move below 0.2335, especially with rising sell volume, invalidates the long. That level matters because it breaks the recent 1H breakout base and would likely trap the new OI longs. Evidence: FET is up about 7.55% over 24h. Open interest rose from roughly 147M to 165M FET across the latest 24h stats, while funding is normal-positive at 0.01%. BTC is mildly supportive, up about 0.57%, but FET long/short is crowded at about 1.90, so failed breakouts can unwind sharply.
Why invalidation levels must be respected. Always minimize the risk💯🪄
赚了亿点点
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You must learn from my lesson. The worst outcome for not cutting losses is just like this. Not to mention losing money—every day my mind is in torment 😩. A lot of people have advised me to give up, but I don’t know how much money you have. I’ve held on until now—because I just can’t afford to be wrong. I can’t just throw away these tens of thousands of U like that $ZEC