【$FET Signal】Hold off on opening positions until a decline momentum exhaustion confirmation

$FET Price decline accompanied by high open interest, caution is needed for the risk of long liquidation triggering a stampede, current is not a clear reversal point.

🎯 Direction: Hold off

The market shows price decline alongside high open interest, indicating a possibility of long liquidation or main force distribution. In terms of price action, there are no clear signs of absorption by buyers or exhaustion of downward momentum. Entering long positions now is like catching a flying knife; short positions face the risk of a rebound from oversold conditions. The best strategy is to stay on the sidelines and observe whether the price can show signs of stabilization at key support zones (such as 0.18-0.20), like long lower shadows, shrinking volume, or decreasing open interest, then reassess the opportunity to go long. The core of small loss and big profit is to act only at nodes with a clear probability advantage.

Trade 👇 $FET
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