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

https://sahmeto.com/message/3574948
Goldfinch_song
Goldfinch_song
Rank: 3088
2.1
،Technical،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.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.74052
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