Technical analysis by Ryn8111 about Symbol FET: Buy recommendation (6/24/2025)

Trade Direction: FET: Spot Long Position Strategy: -Risk approx 1% spot - Layered bids down to 0.636 with first filled here at market 0.692 - Avg entry if all are filled will be 0.668 Reason for Entry: - Strong multi-timeframe support confluence: - 3D breaker block - 3D fair value gap - Weekly fair value gap - OTE retracement - 3D candle close is extremely bullish at support Trade Notes: - This is a swing spot play - Will reassess if full fills hit and structure changesCouple of other fills executed. for clarity, I did secure a hedge short on FET when it came into big resistance at 0.71. This is to mitigate any losses should the idea be invalid, that short is risk free fyi.Note, risk is 0.5% due to the hedge short secured.80% filled. so long as we continue to hold this daily FVG this is going to put in a huge pumpStops BE. returning to entry would not be ideal. Positioned myself in a btc short and aave short overnight.