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

$FET At the 1-hour level, after yesterday's violent rally of nearly 20%, it is currently in a healthy profit-taking and chip exchange phase. Price has pulled back 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 strong correction range. The 4-hour chart shows a large bullish candle establishing an uptrend, with the current K-line closing with a long lower wick, indicating strong buying support below. Open interest remains stable, suggesting this is not panic selling but rather long accumulation washing out weak hands.

🎯 Direction: Long (Pullback Long)

⚡ Entry/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 falls back to entry level, auto exit to protect capital.

Deep Logic: The 4-hour chart presents a clear volume breakout structure with thick buy-side depth and dense support below. The 1-hour RSI has retreated from overbought territory to a healthy zone (69.54), building momentum for the next leg up. Order book data shows buying pressure still dominates, and the funding rate is positive but not at extreme levels, with relatively low squeeze risk. The current pullback is an excellent second entry opportunity, with market makers' protective intentions clear. Wait for price to enter the optimized entry zone to execute the trade.

View Live Chart 👇 $FET

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