$FET 4Hr Time frame DUMP before PUMP? $1 Recovery!

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FET/USDT – 4H Time Frame Analysis

Pattern Formation: A rounding top is clearly visible, suggesting weakening bullish momentum and potential trend reversal.
Trend Structure: Price is forming lower highs and lower lows, confirming a bearish trend.

Key Zones:
Supply Zone: $0.85 – $0.975
Demand Zone: $0.35 – $0.45

Neckline Support: Price is approaching a critical neckline level. A break below this could trigger strong downside movement.

Weekly FVG & Fib Confluence:
Below the neckline lies a weekly Fair Value Gap (FVG).
The 0.618 Fibonacci retracement aligns with this zone, forming a golden pocket — a key support area.

Scenario 1 – Bullish Reversal:
If price holds above the golden pocket, a bounce could push it back toward psychological levels (e.g., $0.70 and $0.80)

Scenario 2 – Bearish Continuation:
If price fails to hold the FVG/GP zone, this invalidates bullish setups.
Expect a breakdown targeting the $0.35–$0.45 demand zone.
Trade active
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FET has now tagged the entry of our first short.
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FET has sniped our Entry twice and formed a double top bottom (Bearish pattern)
This shows price will continue to drop.

It's confirmation is a break below the neck line.
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FET has broken below the neckline, showing confirmation of bullish strength, while doing that.. On the higher time frame, we have now encountered another bearish pattern! The 3 black crows, if this closes out on well - we can see a TP hit and can prepare for the next entry.

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FET has now hit our TP AND our ENTRY for our long, surging up high, we are already at 50% profits.
There will be pull backs, so partial TP's are a MUST.
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God is now making it's way back, with the First Weekly FVG being filled, a new one has been created on the 4 hour time frame.
What's changed?
- New swing High
- New swing Low
- New 4Hr FVG zone
- Swing low (Liquidity sweep) into the second weekly FVG.

Price is showing bullish strength, and healthy movement with this pull back.
This pump was too sudden and it needs to fill that FVG zone first.

Price will most likely Fill/retest that zone then continue upwards.
For those who have not entered, you can enter in on the rejection of the retest.

If it succeeds and reverses, a long can be actioned.
Note
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FET Has successfully rejected off the 4 HR FVG.
Recent movement has now made price form a potential reverse H&S which will act as a confluence for our TP to be tagged.

This is looking very promising.

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