$FET
Bulls Crushed!
A significant long liquidation of $4.3346K occurred at $1.30441, as FET saw a sharp decline, wiping out bullish positions.
What’s Happening?
FET experienced a strong pullback, triggering a liquidation event that highlights increasing bearish sentiment. This sudden price drop suggests a shift in momentum and raises concerns for further downside.
Key Levels to Watch:
Resistance: $1.30 – If the price fails to reclaim this, further declines are likely.
Support: $1.25 – Bulls need to defend this level to avoid deeper losses.
📊 Volume Surge: The liquidation indicates rising market volatility, and more shifts in momentum are possible.
🎯 Potential Downside: A break below $1.25 could lead to a drop toward $1.15.
⚠️ Risk Alert: If $1.25 doesn’t hold, FET might face continued downward pressure.
FET in a volatile phase – tread carefully!