FET Gains 11% Amid Bullish Momentum, But Liquidity Clusters Signal Risk

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FET climbed 11% in the last 24 hours, riding a bullish trend. On-chain data shows strong short-term momentum, with derivatives inflows and a positive funding rate. However, liquidity clusters above the current price pose a risk. Large sell orders in these zones could trigger a sharp pullback. Retail investors have cut exposure, and accumulation has dropped. Price action against key liquidity levels will be critical.
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