đŸ”„ FET getting crushed — -8.94% drop. Capitulation or buying opportunity?

📊 $FET — Full Technical Breakdown

đŸ’č Price Action:
‱ Entry: $0.23 (-8.94% 24h)
‱ Support: $0.23 | Resistance: $0.25
‱ Pivot: $0.23

📈 Momentum:
‱ RSI(14): 21.5 — oversold - reversal opportunity
‱ MACD bearish crossover, histogram negative - selling pressure

🔗 MA Structure:
‱ EMA20: $0.24 | EMA50: $0.24
‱ Price rejected at EMA20. Bears defending.

🎯 Actionable Setup:
‱ Bias: NEUTRAL
‱ Target 1: $0.25 | Target 2: $0.26
‱ Stop: $0.22
‱ R:R = 1:3.8

đŸ”„ Long or short? Drop your thesis below 👇

$FET $RENDER

#FET #TechnicalAnalysis #CryptoTrading #PriceAction