$FET📌
after months of steady and continuous decline, the price finally did something different: it stopped making new lows, began to compress downwards and then left a first decisive reaction from the support, breaking the bearish micro-structure on the daily chart. This is often the first sign that selling pressure is easing and that sellers no longer have full control as before.
On the weekly chart, we can clearly see that we are working in an area that has already generated reactions in the past. The fact that the price spiked downwards, was immediately rejected and then returned above is a classic deviation: the market tries to fall, finds no continuity, and is brought back into the range. This type of behaviour is not yet a 'trend change', but it is often the seed of a short/medium-term reversal.
On the daily chart, this is already clearer: the break in the sequence of decreasing highs and lows and the recovery of the area that was previously resistance and is now being reabsorbed as support is the 'tradable' part of the structure. We are not buying because 'it has fallen so much', but because the structure is changing character. If the price falls back below the area it has just recovered and starts to slide again without reaction, the idea is simply wrong and you exit.
So, in summary:
we are not calling a macro bottom, we are not saying that FET has become bullish forever — we are simply observing that, in the short term, the market is ceasing to behave like a bear market and is attempting to build a base. The structure allows for this, and the risk is manageable.
And that's exactly how you work in the market: when the context offers you an asymmetric opportunity, you take it. If it works well, if it doesn't work, you lose a little and move on.
#BTC90kChristmas #fet #fet.ai #FETUSD #WriteToEarnUpgrade $BTC $SOL $BNB