FET/USDT Trading Signal Analysis (15m Chart)
The FET/USDT 15-minute chart shows strong bullish momentum, bouncing off a local low of 0.1965 up to a high near 0.2079. Current price action is attempting to breakout above the 0.2070 - 0.2080 resistance zone.
Trade Setup (Scalp / Short-Term)
* Direction: LONG
* Entry Range: 0.2055 – 0.2072 (Current price zone or minor dip retest)
* Target 1 (TP1): 0.2120 (24h High retest)
* Target 2 (TP2): 0.2180
* Target 3 (TP3): 0.2250
* Stop Loss (SL): 0.1995 (Below key support level around 0.2001)
Key Technical Observations
* Resistance Test: Price is testing the recent high at 0.2079. A clean 15m candle close above 0.2080 confirms continuation toward 0.2120.
* Support Levels: Strong immediate support lies at 0.2000 - 0.2001, backed by the lower wick swing at 0.1965.
* Volatility Note: High wick spikes indicate active volatility. Ensure strict risk management with max 2-3% account risk per trade.
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