Bearish Short Setup on FETUSDT with Multiple Targets

A short position on #FETUSDT is suggested from $0.7093 with a stop loss at $0.718. The 30-minute chart shows a descending triangle pattern, indicating a bearish outlook. As trading volume and peak prices along the trendline decrease, buyer weakness and seller strength become evident. The price is approaching a cluster of support levels with multiple touches, beyond which lies unrealized liquidity. The plan is to trade near these levels and monitor order book activity for a momentum breakout. Profit targets are set as follows: 1st at 0.6932, 2nd at 0.6863, 3rd at 0.6825, and 4th at 0.6794, offering a structured approach to capitalize on the expected downtrend. This setup emphasizes the importance of support levels and liquidity zones for timing entries. Traders should observe order flow closely for signs of a decisive break, which could confirm the downward move. Overall, the strategy hinges on technical weakness and liquidity exhaustion, suggesting potential downside momentum.