$FET is testing the key $0.15 area again after its earlier support reaction. At $0.1551, the setup is still under pressure: down 3.96% today and 2.6% across the latest 4H window, with price below both the 20D and 50D moving averages.
But RSI at 34 is getting stretched, while futures funding sits at -0.005%, showing shorts are paying. That can create fuel for a bounce if $0.15 holds. Lose it decisively, and the long-term bullish thesis weakens fast. Watching the reaction here 👀
#FET #AI
Inspired by Mohsin Trades01 on Binance Square.
But RSI at 34 is getting stretched, while futures funding sits at -0.005%, showing shorts are paying. That can create fuel for a bounce if $0.15 holds. Lose it decisively, and the long-term bullish thesis weakens fast. Watching the reaction here 👀
#FET #AI
Inspired by Mohsin Trades01 on Binance Square.
