【$FET Signal】Multi-cycle resonance, 1H breakout imminent, concealed short squeeze rebound

$FET The 1H timeframe is oscillating narrowly near a key moving average, with the price closely following the 1-hour EMA20, and the battle between bulls and bears is intense. Although the 4-hour timeframe is in a downtrend channel, the latest candlestick shows a long lower shadow, indicating strong buying support below. Open interest remains stable, combined with negative funding rates, suggesting potential for a short squeeze rebound.

🎯Direction: Long (Long)

⚡Entry/Order: 0.1485 - 0.1492

🛑Stop Loss: 0.1455

🚀Target 1: 0.1525

🚀Target 2: 0.1550

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even (Break-even). If the price falls back into the entry zone, automatically exit to protect capital.

(Depth Logic: The 1-hour RSI has risen above the 50 midline, indicating increasing momentum. Market depth data shows buy orders are significantly thicker than sell orders, with a large accumulation of buy orders in the 0.1470-0.1465 range, forming a strong support. Despite the price decline, open interest has not decreased, and negative funding rates suggest bears may be squeezed, with signs of main force defending the market. )

Check real-time quotes 👇 $FET

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