$FET Short Liquidation Alert: $81.9K at $1.372
Massive $FET short liquidation just hit the market, with $81.9K wiped out at the $1.372 level.
The market is reacting fast, and this could signal a breakout or intense retracement.
Entry Point:
Look for an entry around the $1.372 level as the liquidation provides an opportunity for a momentum-driven move. Watch for confirmation with increased volume and swift price action.
Target:
Set your target range between $1.45 and $1.50, where a potential resistance zone may form. If $FET breaks past this level, consider adjusting your target accordingly.
Stop Loss:
Place a stop loss just below $1.30 to manage risk effectively. If FET loses support here, be prepared to exit quickly.
FET is volatile right now—stay alert and adjust your strategy based on real-time market moves.