🚨 $FET Facing Resistance After Strong Uptrend
After a steady bullish move from the $0.145 support zone, $FET pushed into the $0.160 resistance area where rejection started to appear. Bearish candles and slowing momentum suggest a potential short-term pullback.
📊 Trade Setup
🔴 Entry: $0.156 – $0.162
🛑 Stop Loss: $0.168
🎯 Targets:
TP1: $0.150
TP2: $0.144
TP3: $0.135
Price rallied strongly from support but is now struggling to break the resistance zone, which could trigger a correction before the next major move.
If sellers maintain pressure below $0.162, a retracement toward lower liquidity zones becomes likely.
💭 Debate:
Will $FET pull back from resistance, or are bulls preparing for another breakout attempt?
👇 Buying the dip or waiting for confirmation?