#Fet 1D chart

FET 1D chart;

The $1,199 level is a strong resistance and it seems to be using it as a balance level.

If there is another possible pullback, it may hit the lower trend line.

It is moving towards a narrowing between the trends and it would not be a surprise if it makes an upward move after the squeeze.

We can consider OB levels as possible resistance zones. Therefore, it may make retracements from here.