🚨 FET JUST LOST KEY SUPPORT — IS ANOTHER LEG DOWN COMING? 📉
$FET is showing aggressive selling pressure. The 4H chart has broken down sharply, and buyers have yet to show a convincing recovery.
📊 Chart snapshot:
Current price: $0.1535
24H change: -13.23%
24H high: $0.1857
24H low: $0.1522
24H volume: 548.77M FET
📰 Market update: Recent reports highlighted weakness in Chinese AI stocks and the risk of spillover into AI-related crypto tokens like FET. This is a broader sector risk, not a confirmed FET-specific catalyst. [Source: CoinMarketCap AI update]
🎯 SHORT setup to watch:
🔴 Breakdown trigger: Below $0.1522
🎯 Downside areas to monitor: $0.1496 → $0.1450
⚠️ Resistance: $0.1607
🛑 Bearish setup weakens if price reclaims $0.1718
💡 My strategy: No blind shorting after a huge red candle. I’d wait for a confirmed break below $0.1522 or a weak retest before considering a SHORT.
⚠️ High volatility — manage risk and avoid chasing the move.
Are you bearish on FET, or do you expect buyers to defend $0.1522?
#FET #ASIAlliance #FetchAIPrice #CryptoTrading #BinanceSquare
$FET is showing aggressive selling pressure. The 4H chart has broken down sharply, and buyers have yet to show a convincing recovery.
📊 Chart snapshot:
Current price: $0.1535
24H change: -13.23%
24H high: $0.1857
24H low: $0.1522
24H volume: 548.77M FET
📰 Market update: Recent reports highlighted weakness in Chinese AI stocks and the risk of spillover into AI-related crypto tokens like FET. This is a broader sector risk, not a confirmed FET-specific catalyst. [Source: CoinMarketCap AI update]
🎯 SHORT setup to watch:
🔴 Breakdown trigger: Below $0.1522
🎯 Downside areas to monitor: $0.1496 → $0.1450
⚠️ Resistance: $0.1607
🛑 Bearish setup weakens if price reclaims $0.1718
💡 My strategy: No blind shorting after a huge red candle. I’d wait for a confirmed break below $0.1522 or a weak retest before considering a SHORT.
⚠️ High volatility — manage risk and avoid chasing the move.
Are you bearish on FET, or do you expect buyers to defend $0.1522?
#FET #ASIAlliance #FetchAIPrice #CryptoTrading #BinanceSquare
