【$FET Signal】Long + 1H Breakout and Retest Confirmation

$FET 1H timeframe has completed an upward breakout from the previous consolidation zone, currently retesting and confirming support. Although the 4H timeframe is still in a downtrend channel, the 1H momentum has already turned strong, and the order book depth is substantial, providing an excellent opportunity for short-term sniper entries.

🎯 Direction: Long

⚡ Entry/Order: 0.1436 - 0.1438

🛑 Stop Loss: 0.1413

🚀 Target 1: 0.1459

🚀 Target 2: 0.1466

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price retraces to the trailing stop level, exit all positions.

( Depth Logic: The 1-hour chart price has stabilized above the short-term moving averages, and RSI indicates healthy momentum. Although the open interest trend is stable, the latest hour’s buy order depth is significantly better than the sell side, and the funding rate is negative, indicating potential short squeeze. The price has formed dense support in the 0.1430-0.1435 zone, which closely overlaps with the suggested entry area, offering an excellent risk-reward ratio. )

View real-time market 👇 $FET

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