Trader Rai

$FET – BOUNCING FROM TRENDLINE SUPPORT!

FET has respected the ascending trendline beautifully, bouncing right from it after a sharp drop from the upper parallel channel. Buyers are stepping in again, hinting at a short-term reversal and potential rally!

🧠 Market Snapshot:

Current Price: $0.743

Bullish trendline intact

Buy pressure returning at key support zone

🚀 Trade Setup:

Entry: $0.743

TP1: $0.752

TP2: $0.759

SL: $0.731

A clean invalidation below $0.731 keeps risk tight while allowing for a strong risk-reward setup if momentum builds.

Momentum Note:

Watch for a breakout above $0.745 to confirm buyer strength before scaling in.

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