$FET Liquidation Alert:
$84.3K long position liquidated at $1.572!
Market Breakdown for $FET
Liquidation Details:
A $84.3K long was liquidated at $1.572, triggering strong selling pressure and increased volatility for $FET .
Current Price Action:
The liquidation drop could present a buying opportunity at support levels, but a continuation of the bearish trend is also possible.
Entry Point:
Consider entering near $1.560, where support is likely to form after the liquidation-induced sell-off.
First Target:
$1.600 (short-term resistance).
Second Target: $1.650 (key resistance level for potential recovery).
Stop Loss:
Set your stop at $1.530 to limit downside risk in case the market fails to find support.
The FET liquidation creates a volatile environment—capitalize on the $1.560–$1.650 range with a strategic and risk-conscious approach!