【$FETUSDT】This wave of data seems off, deep breakdown


$FETUSDT Intraday routine volatility period, signs of buying depth fracture beginning to emerge. Price pulled back from 0.2393 high to 0.2272 at the one-hour level, trading volume contracted in sync, but open interest maintained at elevated levels. This volume-price divergence stands out particularly against the backdrop of negative funding rates. Four-hour MACD histogram still expanding, but one-hour MACD momentum has clearly contracted, bullish-bearish divergence intensifying. Order book data shows obvious buy order accumulation below 0.2273, but denser sell pressure above 0.2280, with funds providing support at the bottom while selling pressure heavier above. Broke the level, don't harbor illusions. If price cannot quickly recover 0.2300 and hold steady, this rebound may end here.
Direction: Short
Entry/Pending Order: Sell short directly near current price 0.2273, or add position on rebound to 0.2290-0.2300 zone
Stop Loss: Above 0.2320
Target 1: 0.2190
Target 2: 0.2120
Trade Management: After price breaks below 0.2250, move stop loss down to entry price, risk-free trading of downside space.
View live market 👇 $FET
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FET9,66%
BTC2,55%
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