A 4.71% daily drop brings $FET to $0.1943 on quiet volume.
Volume sits at 0.82x the hourly average, showing cooling participation. This compression suggests the market is pausing after testing a 23-hour high near $0.2091.
A bullish continuation scenario requires reclaiming the $0.2091 high on rising volume. Conversely, a break below the $0.1939 session low invalidates this setup and signals further downside risk.
Will buyers defend the $0.1939 low to trigger a range rebound, or does volume need to surpass the 23-hour average first?
Tap $FET for the live chart. #FET #BinanceSquare
Volume sits at 0.82x the hourly average, showing cooling participation. This compression suggests the market is pausing after testing a 23-hour high near $0.2091.
A bullish continuation scenario requires reclaiming the $0.2091 high on rising volume. Conversely, a break below the $0.1939 session low invalidates this setup and signals further downside risk.
Will buyers defend the $0.1939 low to trigger a range rebound, or does volume need to surpass the 23-hour average first?
Tap $FET for the live chart. #FET #BinanceSquare