$FET Liquidated Long Position: $63.1K at $1.262

A significant $63.1K long position in #FET was liquidated at $1.262, marking a critical point in the market.

This may signal a potential change in trend, so caution is advised.

Key Details:

Amount Liquidated: $63.1K

Exit Price: $1.262

With this liquidation, there’s a chance we could see further downside in the near future, especially if selling pressure increases.

Next Move for $FET ?

If $1.25 acts as a strong support level, we might see the price stabilize and consolidate.

A break below $1.25 could trigger additional selling, pushing $FET towards $1.20.

However, if the bulls regain control and push above $1.30, we could see a reversal and a potential rally.

Watch for key levels and adjust your positions accordingly.

Stay sharp and manage risk!

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