【$FET Signal】Pullback Long + 1H Level Strong Retest Confirmation

$FET After experiencing a violent 20% surge yesterday, the 1H level is currently in a healthy profit-taking and chip exchange phase. The price has retraced from the high of 0.1944 to around 0.184, which is just above the 1-hour EMA20 moving average (0.1755), falling within the range of a strong correction. A massive bullish candle on the 4H level has established an uptrend, with the current candle showing a long lower wick, indicating strong buying support below. Open interest remains stable, suggesting this is not panic selling but rather long positions actively washing out weak hands.

🎯Direction: Long (Pullback Entry)

⚡Entry/Pending Order: 0.1702 - 0.1746

🛑Stop Loss: 0.1661

🚀Target 1: 0.2087

🚀Target 2: 0.2258

🛡️Trade Management:

- Execution Strategy: Reduce position by 50% upon reaching Target 1, and move stop loss to breakeven. If price retraces back to entry level, automatically exit to protect capital.

Deep Logic: The 4H chart presents a clear volume breakout structure with substantial buying depth and dense support below. The 1H RSI has retreated from the overbought zone to a healthy area (69.54), accumulating strength for the next move up. Order flow data shows buy-side advantage remains dominant, and the funding rate is positive but not at extreme levels, indicating lower squeeze risk. The current pullback is an excellent second entry opportunity, with clear support protection from major players. Wait for price to enter the optimized entry zone for precision entry.

View Live Chart 👇 $FET

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