FETUSD I expected a lot worse after yesterday's news and the bearish engulfing daily candle. Found nice support at $1.23. We're possibly forming a new higher low but we'll see what happens when we reach the POC. Nice v-shape recovery on the 4H so far.
FETUSD Following the proposal to integrate with PAAL, I've adjusted the pivot point for Wave 2. I still expect the 0.618 Fib level (~$1.10) to hold as strong support. However, Tuesday's bearish engulfing candle signals increased selling pressure—let's see how deep this correction runs. 📉