🔥 FET getting crushed — -5.07% drop. Capitulation or buying opportunity?

📊 $FET — Full Technical Breakdown

💹 Price Action:
• Entry: $0.22 (-5.07% 24h)
• Support: $0.21 | Resistance: $0.24
• Pivot: $0.22

📈 Momentum:
• RSI(14): 44.9 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure

🔗 MA Structure:
• EMA20: $0.23 | EMA50: $0.23
• Price rejected at EMA20. Bears defending.

🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $0.24 | Target 2: $0.24
• Stop: $0.21
• R:R = 1:0.7

🔥 Long or short? Drop your thesis below 👇

$FET $RENDER

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