Trade Idea: $FET

š·ļø Name: Fetch.ai
š Ticker: $FET
š Direction: Long
šÆ Entry: $0.285
šÆ Target: $5.00 or trailing stop
š Stop Loss: $0.17
āļø Risk / Reward: 41 : 1
š Exchange: Hyperliquid or Coinbase
Fetch is basing out at support near the bottom of a 6+ year channel after its 3rd major selloff. While the current trend is down and market conditions for crypto are rough, there is asymmetric risk/reward for a spot trade (leverage not recommended) for those willing to take a riskier (lower win rate) trade opportunity.