🤖FET/USDT🤖

✔️ When we examine the $FET chart, we see that the price found support in the RL (Range Low) region in the last hours within the range created in the 1-hour time period. If we do not see a bearish structure on the BTC chart in the coming hours/days that will affect FET, I expect FET to at least make a rise targeted at RH (Range High). If the price comes back to the RL line or the green box support I mentioned on the chart, an intraday spot purchase or a long position on the futures side may be considered.

✔️ Although I personally find it more useful to examine and invest in charts in 4-hour time periods, I wanted to share it because the 1-hour chart looks very good to me. Although the chart looks good, as I mentioned, a bearish structure on the BTC or TOTAL charts may invalidate my expectations on the FET chart. That's why it is very important for us investors not to exaggerate the leverage coefficient and adjust our risk management!

❗️ What I write here is my own opinion and is not investment advice. #dyor