【$FET Signal】Pullback to buy! 1H retest confirmation, 4H breakout structure intact, clear signs of main force supporting the market

$FET The 1H timeframe has experienced a rapid surge and is now undergoing a healthy retracement and consolidation. The current price is oscillating around 0.168, just above the 1H EMA20 (0.1656), and the 4H candlestick has strongly broken through the previous consolidation upper boundary (0.158), turning the structure bullish. Open interest remains stable, and the price is firm, indicating that the main force has not exited the market. This is a typical strong retracement feature.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1665 - 0.1675 (Reason: Retest of 1H EMA20 support zone and the previous 1-hour candlestick low area )

🛑Stop Loss: 0.1645 (Reason: Break below 1H EMA50 and the Fibonacci 0.786 retracement level of the previous rally, structure broken )

🚀Target 1: 0.1730 (Reason: Previous high resistance level, also the top of the 4H bullish candle body )

🚀Target 2: 0.1790 (Reason: Based on ATR calculation of the 1.618 extension level, corresponding to the previous daily resistance zone )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H breakout confirmed, 1H retest in place, higher win rate )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 0.1730, move the remaining position’s stop loss to break-even and hold for Target 2.

Deep logic: After a volume breakout on the 4H level, the buy/sell ratio once reached 0.57, indicating clear capital inflow. Although the latest 1H buy/sell ratio retreated to 0.54, the price did not fall sharply, and open interest remained stable. This is a typical “price stable, volume shrinking” shakeout pattern. The order book shows heavy buy orders accumulated in the 0.166-0.167 zone (depth imbalance 13.14%), providing strong support. The 1H RSI (61.23) has healthily retreated from overbought territory, preparing for another upward move. Combining market logic indicating “price rising,” this appears to be driven by main force actively controlling the market rather than a bearish trap.

Check real-time market 👇 $FET

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