$FET Short Liquidation Alert: $8.3767K at $1.72573

What Happened?

A significant short liquidation of $8.3767K occurred at $1.72573,

forcing bearish traders to close their positions.

This liquidation added bullish momentum, pushing FET higher.

Key Insights:

1. Short Squeeze Effect: The forced buyback from liquidated shorts created strong upward pressure.

2. Bullish Sentiment: This event shows buyers are regaining control in the market.

What’s Next for FET?

1. If Momentum Continues:

Resistance lies at $1.80.

Breaking above this level could target $1.90 or higher.

2. If FET Pulls Back:

Key support zones to watch: $1.70 and $1.65.

Holding above $1.65 would maintain bullish structure.

Pro Tips:

Watch for Volume: A spike in buying volume confirms sustained momentum.

Avoid chasing the price—wait for a pullback or breakout above $1.80.

Use stop-loss orders to manage risk during volatile moves.

FET is showing bullish strength after the short squeeze—stay focused and trade smart!

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