$FET SPIKE FIZZLES BEARS CIRCLING FOR A SHARP DROP❓❓$FET sp
CryptoPotato
Updated at: 7 hours ago
{"content":"$FET SPIKE FIZZLES BEARS CIRCLING FOR A SHARP DROP❓❓$FET spiked to a high of $0.910 but quickly reversed, now trading at $0.869 with signs of weakening momentum. After a strong rally, rejection at the top and red hourly candles point to a short-term correction brewing.
📉 Short Trade Setup:
Entry Zone: $0.868 – $0.875
Stop-Loss: Above $0.892
TP1: $0.835
TP2: $0.800
Despite buy pressure holding at 52.58%, volume is thinning, and early profit-taking could accelerate the drop if $FET breaks below $0.855.
{spot}(FETUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/22/a6640b740f8c40079f884064dc5e950b.png"],"tags":[],"tradingPairs":["FET/USDT"],"quotearticleid":0}