$FET Down 9.67% in 24 hours... Are we seeing a healthy correction or the start of a deeper downtrend? 📉
The price fell to 0.1943 amid very weak trading volume (ratio of 0.01), indicating a lack of buyers. The RSI on the 15-minute timeframe is approaching oversold territory, which could open the door to a limited technical rebound.
Most likely scenario: a corrective rebound toward 0.2000–0.2020 to retest the broken resistance before the decline resumes, provided current support at 0.1900 holds.
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$FET
This content is not investment advice. Do your own research (DYOR).
The price fell to 0.1943 amid very weak trading volume (ratio of 0.01), indicating a lack of buyers. The RSI on the 15-minute timeframe is approaching oversold territory, which could open the door to a limited technical rebound.
Most likely scenario: a corrective rebound toward 0.2000–0.2020 to retest the broken resistance before the decline resumes, provided current support at 0.1900 holds.
Follow us for more updates 🚀
$FET
This content is not investment advice. Do your own research (DYOR).