The price of $FET has been ranging $1.635 and $1.699 on lower timeframe even though the daily chart shows strong overbought conditions.
Here are two (2) scenarios for consideration:
Either you wait for price to breakout and hold above the $1.699 before you make an entry or wait for recovery signal on the $1.64 support zone before you make a move to enter a long trade.
At this point, I will prefer to protect the profit I've today on $FET and observe how market players will behave at this key range stated above.
Note: Always do your own research.
