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【$FET Signal】Short squeeze breakout / volume and price rally
$FET 4H timeframe experienced a surge on volume, breaking through the long-term downtrend line. The trading volume of a single candle reached recent highs, clearly indicating capital accumulation. After the price surged, it consolidated strongly at higher levels, with buy-side depth far exceeding sell-side, and selling pressure was effectively absorbed. Combined with positive funding rates and stable, non-declining open interest (OI), this is a typical behavior of main capital locking in after a short squeeze, indicating a solid upward structure.
🎯 Direction: Long
⚡ Entry: 0.226 - 0.232
🛑 Stop Loss: 0.211
🚀 Targets: 0.287 / 0.317
🛡 Strategy: Take half profit at target 1, push the remaining position to breakeven, and aim for larger gains.
Check live market 👇 $FET
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