FET - Pivotal Area: Bulls Need to Wake Up!
2024-08-30

If there's any chance of a turnaround, it has to be from these levels.

If the price breaks below $1, I’ll consider opening a short position targeting the most recent low of $0.80.

However, the overall picture looks more promising, so I’m looking to go long between $1 and $1.08 as the first play. If this level fails, I’ll switch to a short position, especially if  CRYPTOCAP:BTC  falls below $56k.

I’d also welcome a period of consolidation above $1 to reestablish this level before aiming for new highs.

To simplify:

- Bullish bids above $1 
- Bearish sells below $1 :)