🔴 $FET · 1H
Price is $0.2282 and $FET remains below the averages that capped it earlier. The $0.2223 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 2.6% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 23 candles. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2223 and $0.2446, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 6.2% over 24 hours.
DYOR
$FET #TechnicalAnalysis
Price is $0.2282 and $FET remains below the averages that capped it earlier. The $0.2223 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 2.6% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 23 candles. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2223 and $0.2446, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 6.2% over 24 hours.
DYOR
$FET #TechnicalAnalysis
