$FET
Trading Strategy:
1. Entry Points:
• Buy on a retest of $1.34 support (with a stop loss below $1.30).
• Alternatively, enter on a confirmed breakout above $1.37 resistance (targeting $1.50 and beyond).
2. Profit Targets:
• First target: $1.50 (Fibonacci 0.618).
• Second target: $1.61 (Fibonacci 0.786).
3. Risk Management:
• Stop loss should be set below key support at $1.30 to limit potential losses.
Trading Strategy:
1. Entry Points:
• Buy on a retest of $1.34 support (with a stop loss below $1.30).
• Alternatively, enter on a confirmed breakout of $1.37 resistance (targeting $1.50 and beyond).
2. Profit Targets:
• First target: $1.50 (Fibonacci level 0.618).
• Second target: $1.61 (Fibonacci level 0.786).
3. Risk Management:
• Stop loss should be placed below the major support at $1.30 to limit potential losses.