$FET Long Liquidation: $7.7226K at $1.60686

Another big move in the $FET market! A significant long liquidation at $1.60686 suggests the bulls are getting shaken out. But where is heading next? Let’s break it down:

---

What Does This Mean?

When long liquidations occur, it often indicates fear or weak hands exiting the market. This can create an opportunity for smart traders to position themselves for the next move.

---

Buy Zone:

✅ $1.45 - $1.55

Look for support in this range. If holds these levels, it could provide a strong base for a bounce.

---

Target Levels:

🎯 Target 1: $1.70

🎯 Target 2: $1.85

🎯 Target 3: $2.00

These are key resistance zones where you can consider taking profits. A move above $2.00 would be extremely bullish for $FET.

---

Stop Loss:

⛔ $1.40

Set your stop just below the $1.45 support to protect against further downside risk.

---

Why This Setup Looks Promising:

1. Oversold Signals: may rebound after the liquidation event.

2. AI Narrative: With AI tokens gaining attention, could benefit from renewed interest.

3. Liquidity Grab: Liquidation events often clear weak positions, paving the way for a move higher.

---

Pro Tips:

1. Follow the Volume: Watch for increasing buy volume near $1.45-$1.55 to confirm the bounce.

2. Set Alerts: Use alerts for $1.55 and $1.70 to stay updated on key price levels.

3. Be Patient: Don’t rush; let the market show its hand before entering a trade.

---

🚀 Summary:

$FET has faced a significant long liquidation, but this could be an opportunity to buy the dip. Watch the $1.45-$1.55 zone for entries and aim for $1.70, $1.85, and $2.00 targets. Stay disciplined and trade wisely!

Are you ready for the next move? Share your thoughts below!

#BitcoinTurns16 #CryptoReboundStrategy #BinanceMegadropSolv #BTC100KTrumpEffect #TrumpBTCBoomOrBust