Technical analysis by Goldfinch_song about Symbol FET on 6/2/2025

Goldfinch_song

FET is showing weakness after failing to reclaim the $0.80 level, which now acts as invalidation for any bullish setups. Price continues to grind below a key FVG resistance, with no clear breakout.Plan:🔻 No Long Setup While Below $0.80• Bearish bias as long as price remains below reclaimed resistance• Watching for potential move into lower FVG zones• No interest in longs unless we see a sweep of key liquidity🟩 Main Buy Zone: $0.30 (Weekly FVG)• High-conviction area for long positioning if reached• Deep liquidity pocket with HTF demand — ideal for spot entries🎯 Reclaim of $0.80 = Invalidation of Bearish Bias• Clean weekly close above flips structure bullish again📌 Let the market flush first. No reason to catch a knife — play from strength, not hope.