FET Bounces Off Lows, But Can It Sustain?

We may see a short-term bounce in FET as it defends the SMA7, but the larger trend remains bearish, and we need to see more conviction before getting long.

Close above SMA7, 10-bar trend is bearish, volume is flat/falling

A daily close under 0.135 breaks this setup.

Do you think FET can hold its ground above the SMA7?

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