FET Facing Rejection at Key Supply – Continuation or Breakdown?
FET broke out of the falling wedge, but the move is now facing clear rejection at a key resistance and near FVG zone.
The breakout lacked strong follow-through, and with bearish divergence on RSI, momentum is fading right at resistance. This increases the probability of a fakeout rather than a confirmed reversal.
If price continues to reject this zone, a move back inside the structure could lead to a deeper pullback toward 0.13 and potentially 0.09.
For now, this looks like a weak breakout attempt. Confirmation is still missing, and sellers are not done yet.
The breakout lacked strong follow-through, and with bearish divergence on RSI, momentum is fading right at resistance. This increases the probability of a fakeout rather than a confirmed reversal.
If price continues to reject this zone, a move back inside the structure could lead to a deeper pullback toward 0.13 and potentially 0.09.
For now, this looks like a weak breakout attempt. Confirmation is still missing, and sellers are not done yet.
Market Structure • Price Action • Crypto Updates
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🔗 Telegram: t.me/Coach
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.