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【$FET Signal】Empty position, waiting for the downtrend momentum to be exhausted and confirmed
$FET Volume decline, price and open interest decrease simultaneously, showing characteristics of a bullish liquidation sell-off. Currently in the phase of releasing downward momentum, it is necessary to wait for clear signs of a trend reversal and buying absorption.
🎯Direction: Empty position
The market indicates a bearish dominance, but panic selling often accompanies short-term lows. Until there is an effective demand zone response and divergence structure on the LTF, it is not advisable to bottom fish on the left side. Be patient and wait for the price to show PA signals of buying absorption and supply exhaustion in key support areas (such as 0.175-0.178).
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