FET drops 6.88% to $0.239, closing at daily low
- —FET slid 6.88% to $0.239 from an open of $0.2568
- —Daily volume of $173.84M was 0.89% below the 30-day average
- —Price sits 3.92% under VWAP but above SMA-7, SMA-30 and SMA-200
- —Gains over 30 and 90 days stand at 37.92% and 50.32%
Why it matters: The pullback looks like profit-taking after a strong monthly run, but without derivatives or on-chain data the cause cannot be confirmed.
Source: DiarioBitcoin