【$FET Signal】Pullback is a buying opportunity! 1H retest confirms, main players support the market while waiting for the second surge

$FET At the 1H level is consolidating with low volume above the key support area, while the 4H level is undergoing a healthy pullback after a surge. Current price hovers around 0.176, with the 1-hour chart showing thick bid depth. The 0.175 area below has accumulated a large number of buy orders, forming a support wall. Despite some slowdown in short-term momentum, open interest remains stable with no significant capital outflow, indicating that main players have not left but are performing position rotation and market support at this level. The 1-hour RSI is approaching the neutral 50 zone, accumulating strength for another move up. At the 4-hour level, price remains firmly above the EMA20, with the intermediate uptrend structure intact. This is a typical "uptrend continuation" pattern, awaiting a second breakout after a retest confirmation.

🎯 Direction: Long (pullback limit orders)

⚡ Entry/Limit Orders: 0.1729 - 0.1753

🛑 Stop Loss: 0.1686

🚀 Target 1: 0.1888

🚀 Target 2: 0.1956

🛡 ️Trade Management:

- Execution Strategy: Use staged profit-taking. After price reaches the first target of 0.1888, reduce position by 50% and move the stop loss of remaining position up to entry price to lock in profits. Use remaining position to target the second objective. If price fails to advance as expected and instead falls back to the lower end of the entry zone, consider the logic invalidated and exit decisively.

Deep Logic: Order book data shows bid depth significantly exceeds ask depth, with imbalance exceeding 8%, indicating strong absorption below. Open interest remains stable during the price adjustment period—a classic "price down, volume stable, main players support" signal rather than panic selling. The 1-hour EMA50 (0.1720) coincides with the lower end of the recommended entry zone, forming strong dynamic support. Combined with 4-hour RSI still in a healthy bullish zone, this pullback is an excellent "low-risk, high-reward" ambush opportunity. Market logic suggests price appreciation accompanied by stable open interest, more like main player entry rather than pure short squeeze. We choose to follow the smart money.

View Real-Time Chart 👇 $FET

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