$FET Short Liquidation Analysis

🔥 Current Short Liquidation: $8.8094K, Price: $1.41722

Market Overview

Fetch.ai $FET ) has faced significant short liquidation at $1.41722, signaling strong buying momentum. This could set the stage for a potential rally if bullish pressure continues.

Trading Strategy: Buy Plan

Here’s your detailed roadmap for trading FET:

Buy Zone

Entry Range: $1.400 to $1.420

Tip: Look for consolidation or small pullbacks before entering.

Targets (Take Profits)

Target 1 (Short-Term): $1.450

Target 2 (Mid-Term): $1.500

Target 3 (Long-Term): $1.550

Stop Loss

Stop Loss Level: $1.380

Reason: A drop below this level may indicate bearish continuation.

Key Tips for Traders

1. Confirm Volume: Ensure strong buy volume before entering the trade.

2. Risk Management: Use only 1-2% of your portfolio to manage risk effectively.

3. Market Sentiment: Monitor FET-related news and updates, as they can cause sudden price moves.

4. Adjust Stop Loss: After reaching $1.450, move your stop loss to $1.420 to secure profits.

🚀 Possible Scenario: If $FET maintains momentum and breaks above $1.500, it could pave the way for a rally toward $1.550 or higher. Stay patient and stick to your plan for the best results!

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