【$FET Signal】Pullback to Add Long: 1H Oversold Rebound, 4H Support Level Hidden

$FET The 1H timeframe has entered the oversold zone, with RSI approaching 33. The price is around 0.1412, receiving initial support and rebounding. The 4H chart shows a downward continuation pattern, but open interest remains stable, with no signs of panic selling, suggesting the current decline may be a shakeout rather than a main force distribution. Market depth data indicates that buy orders below 0.1410 are unusually thick, forming a strong support wall, while selling pressure above is concentrated in the 0.1425-0.1430 range.

🎯Direction: Long (Pullback Hidden Entry)

⚡Entry/Order Placement: 0.1398 - 0.1412

🛑Stop Loss: 0.1380

🚀Target 1: 0.1450

🚀Target 2: 0.1475

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position to aim for Target 2. If the price pulls back to the upper boundary of the entry zone and cannot quickly rally, close all positions.

(Depth Logic: The 1-hour RSI indicates severe oversold conditions, suggesting a technical rebound is needed. The 4-hour price is approaching the lower end of a previous dense trading zone, and open interest remains stable, indicating that bearish momentum has not continued to strengthen. Negative funding rates favor long positions, combined with massive buy orders below, showing clear main force support. The key is whether the price can stay above the 1-hour EMA20 at 0.1439 to confirm a short-term trend reversal. )

Check real-time market 👇 $FET

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