📝Position distribution by a major player - #FET

At the moment, after a rapid growth the asset has moved to the consolidation stage, within which we can observe manipulations over liquidity from above and local breakdown of the structure on the downside📉

📣In the near future I expect to see a retest of the volumetric level of POC, and the beginning of the decline to the support zone below.

🔜I plan to enter the trade from current($1.426-$1.475).

🛑 Stop loss will be at ($1.557).

✅First take ($1.4)

✅Second take ($1.3706)

✅Third take ($1.3152)

When the first take is reached, the stop loss should be moved to breakeven.

Reaching the third take will be 7.8% of net movement excluding shoulders.