$FET Liquidation Update: $59.9K Long Position Liquidated
Breakdown at $1.851:
A significant long position worth $59.9K got liquidated as #FET struggled to maintain momentum.
This level now serves as a key pivot, with sellers tightening their grip.
Current Market Outlook:
• Critical Support: If prices drop further, $1.75-$1.77 could act as the next buffer zone.
• Upside Potential: Bulls need a clear push above $1.80 to re-establish strength.
Suggested Actions:
1️⃣ Short-Sellers: Look for signs of continued weakness below $1.78 to capitalize on downside moves.
2️⃣ Long-Term Investors: Monitor price action closely around $1.75 before considering fresh entries.
🔺 Volatility remains high; approach with caution and use strict risk management!
Stay ready for the next wave of action.
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