 Is FET About to Bounce or Break Down Completely?
2025-01-14
Category: None

Yello, Paradisers! FETUSDT is at a make-or-break point right now. The recent retracement looks healthy, and the pair has taken out liquidity (inducement) from weaker hands. But can it hold this support zone and bounce?

💎If we start seeing bullish signs such as a bullish I-CHoCH (internal change of character) or reversal patterns like a W pattern or an inverse head and shoulders on the lower timeframes, the probability of a bullish move significantly increases.

💎However, be prepared for more retracement or panic selling. If that happens, the next strong support zone could trigger a bounce, but again—we need to see bullish confirmations on lower timeframes to consider entering long positions.

💎If the price breaks below the key support zone and closes candles underneath it, the entire bullish idea will be invalidated. In that case, it’s best to stay patient and wait for better price action to form before making any moves.

🎖Patience and discipline are the keys here, Paradisers. Always wait for the highest probability setups to reduce risk and increase your edge. Remember, it’s not about predicting the market—it’s about reacting to what the market gives you.

MyCryptoParadise
iFeel the success🌴