FET has strong short-term buying momentum, with price already extended from its recent base. Rather than entering into strength, I would watch for a retracement toward $0.2040–$0.2070 and look for buyers to defend that area. The key is whether price can stabilize after the initial surge.
EP
$0.2040 - $0.2070
TP
$0.2140
$0.2210
$0.2290
SL
$0.1980
A successful hold of the $0.2040–$0.2070 zone could keep the upside momentum active. Losing $0.1980 decisively would weaken the short-term structure and invalidate this setup.
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